Luton Road, Great Offley, Hitchin, SG5

Opportunity to acquire, vacant restaurant premises with planning potential (STPP) for some form of residential development. The plot extends to c.0.37 acre (0.15 ha), Unconditional Offers ONLY, are invited in excess of £600,000 for the Freehold.Location:Great Offley is a small village in north Hertfordshire, by-passed by the A505 dual carriageway linking Hitchin 3 miles away and Luton 6 Miles away. The property is situated on the old original A505, Luton Road centrally in the village. Planning:'The property/land does not currently have any planning consent for development, but it is believed it may have potential for some form of residential use (STPP).'This could possibly include additional development or total redevelopment.'North Herts District Council does not charge C.I.L.EPC: Details to be made available in the near future.Access:Access is directly off Luton Road. Existing Property:'The existing two storey property has until recently been used as a restaurant with residential accommodation above. Including cellar area, it extends to c.380m2 / 4090 ft2 GIA.'The property requires some upgrading.Internal Details:Ground floor Bar/Restaurant - 1680 sq ftKitchen 332 sq ft, Storage areas 550 sq ftLadies & Gents WCsSeven bedrooms over the first floor and two bathrooms Basement beer cellarDrainage/Services:It is believed that mains drainage and all utility services are connected to the property. Prospective purchasers should make their own enquiries with respect to availability and cost of connections for any new development. Tenure:The property/land is to be sold freehold.VAT:VAT will not be charged on the sale.Terms:Guide Price: Unconditional Offers only, in excess of £600,000. Viewings:Strictly by prior appointment via Compass Land & Development, call or email us now to arrange. Compass Land & Development for themselves, and for the vendors of the land, whose agents they are, give notice that; (A) These particulars are produced in good faith, but are set out as a general guide only and do not constitute any part of a contract; (B) No person in the employment of Compass Land and Development has any authority to make or give any representation or warranty what so ever to the land. These details are presented subject to contract and without prejudice as of AUGUST 2022.