Income-producing pub with planning to add a second 3-bed flat..
Freehold popular public house with strong local trade
A rare freehold opportunity in Hirael: a large, well-presented 3-bedroom first-floor apartment above a thriving public house. The ground-floor trading pub benefits from loyal local trade and is ready to operate immediately, offering an income stream while you decide next steps. EPC B and double glazing already fitted are positive running-cost indicators.
Significant value lies in the granted planning consent (Application C20/0250/11/LL) to convert the ground floor into a spacious 3-bedroom flat. Consent is in place until September 2025, giving a clear route to create a second residential unit and boost rental or sale value. The building is solid-brick c.1900–1929, with mains gas boiler and radiators in place.
Be clear about practical considerations: the property sits in a very deprived area with above-average local crime statistics and generally slow broadband speeds. The walls are original solid brick and assumed to lack cavity insulation, so refurbishment works to improve thermal performance may be needed. The plot is small and the immediate neighbourhood is a cosmopolitan student and professional area, which supports a pub trade but also shapes future lettability and resident mix.
This asset will suit an investor or developer seeking an operational pub with immediate income plus short-term conversion upside, or an owner-operator who wants home-and-business under one roof. Costs and timing for insulation, potential refurbishment and service upgrades should be factored into acquisition budgets, alongside the September 2025 planning deadline.