This historic building, formerly known as the Diamond Jubilee Hotel, is located on the west side of East Road in Tylorstown and presents a compelling opportunity for renovation and investment. Spanning approximately 6,000 square feet across three stories, the property sits on nearly 0.4 acres, offering ample space for potential development.
While this property requires a complete overhaul, its size and configuration provide significant versatility. The first and second floors have been fitted with double-glazed windows, enhancing energy efficiency and comfort. The ground floor windows are currently protected by white boards, maintaining the building's security while renovations are considered. The exterior features a tiered landscaped area at the rear and a paved space to the side, which could be utilized for additional development or designated parking.
Previously, there was planning permission in place for converting this property into seven flats, highlighting its potential for residential redevelopment. New owners may explore similar avenues or other creative uses subject to obtaining the relevant planning approvals.
This property is being sold through an online auction format, allowing interested parties to bid conveniently from anywhere. Prospective buyers should familiarize themselves with the auction terms and conditions as well as conduct due diligence regarding renovation requirements. Given its location and historical significance within Tylorstown, this site represents a noteworthy investment opportunity in a community poised for revitalization.
