Central Hexham site with business use and clear residential conversion potential.
Freehold Georgian stone building, 227 sqm over three floors
A rare freehold opportunity in central Hexham, this historic Georgian stone building offers 227 sqm across three floors and immediate Class E business/lab use. The property includes a fully renovated furnished top-floor flat and well-equipped ground-floor laboratory spaces, making it income-ready while conversion options are explored.
Previously granted planning approvals for three Class C3 apartments and for three three-storey residential lots give clear redevelopment potential for an investor or developer. The building’s solid stone walls and mains services (gas central heating, water, electricity, drainage) provide a robust base for conversion; double glazing is already installed, and the top-floor flat demonstrates the quality achievable.
Buyers should factor in practical constraints: the property currently has an EPC rating of G and the stone walls appear uninsulated, so thermal upgrades will be required to meet modern standards. The plot is small with rear yard and storage outhouse only; some structural or specification works may be needed to complete full residential conversion despite prior consents.
In short, this Hexham town-centre building suits a buyer seeking an adaptable investment with immediate revenue potential and scope to add value through conversion and energy improvements. It’s especially attractive to investors targeting town-centre apartments or mixed-use redevelopments where planning precedents already exist.
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