Large plot with carpark and strong redevelopment potential near transport links.
0.25-acre town-centre plot with large private rear carpark
An exceptionally large former pub/social club occupying a 0.25-acre town-centre plot on Stockton Road. The building offers circa 8,000 sq ft of space with a generous front garden and a multi-car private rear carpark — a clear asset for redevelopment or conversion schemes, subject to local planning consent.
The property is derelict and requires significant works: structural and interior refurbishment are likely, and the building will need full surveying before any conversion. The location benefits from excellent transport links, proximity to the marina, beach, supermarkets and train station, and nearby schools, which supports a range of end uses from leisure to residential-led redevelopment.
Buyers should note this sale is by auction with a 56-day completion period. A non-refundable reservation fee of 4.5% (minimum £6,600) and a Buyer Information Pack fee (£349) are payable by the purchaser. VAT will be payable on completion; confirm finance suitability with your lender before bidding.
Material drawbacks: the area records very high crime and significant deprivation, and the building is described as run-down and vacant. These factors will influence planning decisions, operating costs, and end-market demand and must be weighed into refurbishment budgets and timescales.
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