Compact town-centre plot with conversion and JV potential.
Full planning permission SL/2023/0400 for Class E and Class C1 uses
A rare town-centre development parcel in central Ulverston, sold freehold with full planning consent (ref SL/2023/0400) for mixed Class E and Class C1 uses. The property comprises a stone-built former courthouse and an adjoining enclosed yard/plot, offering conversion or redevelopment potential for hotel, apartments, café or office uses. The owners are open to selling the central portion or exploring a joint-venture option.
The site’s strengths are its central street frontage, planning permission already granted, and strong mobile signal. The footprint is modest, making this a compact, city-centre project suitable for experienced developers or investors seeking a constrained but high-impact scheme. There is also potential to apply for alternative uses for 'The Courthouse' subject to appropriate consents.
Buyers should note material drawbacks: the buildings are derelict and in poor condition, requiring significant refurbishment or partial rebuild; the site sits within a high flood-risk area and the local crime level is recorded as high. Broadband speeds are average and the plot is small, which will affect layout options and viability. These constraints mean the project is best suited to buyers with development experience, contingency budgets, and flood-mitigation planning.
With full planning permission in place and a central Ulverston location close to local amenities and schools, the opportunity offers speculative upside for the right purchaser prepared to manage refurbishment, planning variation, and flood resilience measures. Guide price shown: £500,000.
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