- Development Plot
This early/mid C18 property stands at approximately 3380 sq ft. It currently comprises 3 spacious one bedroom apartments on the 1st and 2nd floor and a restaurant and outbuilding on the ground floor. The 3 one bedroom apartments on the 1st and 2nd floor have been recently renovated to a high standard. Further, planning permission has been granted for the conversion of the restaurant to create 1 one bedroom apartment and 1 two bedroom apartment. Additionally, there is planning for the demolition of the outbuilding to create a two bedroom house offering approximately 804 sq ft on completion.
The 3 one bedroom apartments are expected to generate a rental income of around £2425 pcm. Once the conversion works are completed there is a potential rental income of approximately £5,125 pcm
This brochure sets out the approved configuration, additional enquiries should be directed to the selling agent.
Witney is a delightful market town historically connected with the wool trade and blanket making. It has an excellent range of shopping and leisure amenities including most of the high street retail brands, as well as a multi-screen cinema, and a fine choice of pub/restaurants. It also has the benefit of plentiful free car parking. The A40 provides a road link to Oxford to the east and Cheltenham to the west. A main line station with a fast London service is at nearby Long Hanborough about five miles away.