This property represents a unique investment opportunity in the vibrant market town of Ellesmere, situated in North Shropshire. The three-storey mixed-use building historically served as both a restaurant and public house, complete with private living quarters above. In addition, the site features four well-designed boutique holiday cottages that are currently utilized for short-term rentals. Spanning approximately 3,300 square feet within a sizeable 0.17-acre plot, this property is prominently positioned in the town center.
The main building consists of a ground floor set up as an expansive dining area with bar space, complemented by characterful fireplaces and timber accents, along with a fully equipped commercial kitchen and storage facilities. Above this, the residential section offers ample space which holds potential for conversion into multiple self-contained apartments or continued use as live/work accommodation, pending necessary planning approvals.
At the rear, the charming courtyard development of Philoxenia Mews showcases four independent holiday lets that have recently been refurbished to high standards and are operating effectively as a rental business. Each cottage varies in size and layout, offering flexibility for future growth in your investment portfolio.
The property’s versatile layout supports numerous redevelopment options including maintaining its current uses or transforming it entirely into residential or commercial spaces for rental purposes. Its strategic location near local amenities adds to its appeal, making it an excellent prospect for renovation enthusiasts looking to capitalize on market demands.
Ellesmere is well-regarded for its picturesque lake and strong community atmosphere, contributing to its popularity among visitors and residents alike. This site allows for extensive creative development opportunities while benefiting from all necessary utilities.