This freehold retail property, spanning 32,101 square feet, is an excellent opportunity for transformation in a prime location. The building features a distinctive dual-fronted façade with a Grade II listing, adding both character and historical significance. Originally constructed in 1907, the front boasts a timber and plaster design with charming gabled details beneath a slate roof. The rear of the structure is built with brick and concrete, providing sturdy foundations for potential renovations.
Internally, the layout is predominantly open plan, previously utilized as a retail space. While it remains functional, there are various areas that could benefit from aesthetic updates or reconfiguration to maximize its potential. Notably, the property comes with existing planning permissions to convert parts of the ground and basement levels into restaurant and retail spaces while allowing for the conversion of upper floors into a 64-key aparthotel. There’s also approved consent for external alterations and an additional storey on the roof.
The property will be sold with vacant possession, presenting an attractive proposition for investors or developers. There has already been notable interest from several hotel operators who see value in this location.
Situated at the intersection of Coney Street and Market Street—two bustling pedestrianized areas—the property benefits from proximity to well-known retailers such as Boots, WH Smiths, and Next. Additionally, ongoing projects like the Riverside Coney Street Redevelopment are expected to further enhance foot traffic and economic activity in the vicinity.
York’s connectivity is strong; it lies approximately 27 miles southwest of Leeds and offers convenient access to Newcastle to the north. With over ten car parks within a ten-minute walk, accommodating visitors should be straightforward.
The detailed accommodation breakdown includes ample square footage across multiple levels:
- Basement: 7,666.8 sq ft
- Ground Floor: 7,675.7 sq ft
- Mezzanine: 579.3 sq ft
- First Floor: 8,021.6 sq ft
- Second Floor: 8,157.4 sq ft
This versatility combined with its prime location positions this property as a sound investment for those looking to capitalize on York's thriving retail landscape while revitalizing an iconic structure.
