Town‑centre redevelopment with planning consent for three apartments..
Freehold mixed‑use building with vacant ground and basement retail
A compact freehold mixed‑use site in Hanley town centre with vacant ground and basement retail plus storage. The site extends to approximately 93.88 sqm (circa 645 sq ft) and benefits from planning approval to convert the first and second floors into three residential apartments — planning reference and documents available. High street frontage on Percy Street places the property among established retail and leisure operators and close to bus routes and Stoke‑on‑Trent station.
This opportunity will suit investors or small developers looking for a central, income‑generating scheme with planning already in place. The building retains Victorian period character and tall ceilings that can help market new flats; broadband and mobile signals are strong, supporting modern living and rental demand. The marketing pack includes GDV/rental estimates and comparable evidence to support feasibility assessments.
Important considerations: the immediate area is very deprived with a very high recorded crime rate, which may impact rental values, tenant mix and insurance costs. The plot is compact, and the site is fully vacant, so refurbishment and conversion works will be required to realise the approved scheme. Buyers should review planning conditions, non‑contamination confirmation and local authority requirements before exchange.
Overall this is a practical town‑centre redevelopment plot with planning consent that reduces delivery risk, balanced by clear socio‑economic and location challenges. It is offered freehold with supporting documents available to assist technical and commercial due diligence.
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