Consented development site for sale in Milford Haven

This property is marketed by:
Whozoo

Key Features

• Approved Conversion
• Existing Tenancy: Solicitors occupy part of the first and second floors.
• Location: Historic building on Milford Haven’s seafront with waterfront views.
• Current Use: Mixed-use commercial with approved residential conversion potential.
• Consented Development Site

Commercial to Residential Conversion Opportunity

Large commercial building with planning approval to convert the first and second floors into residential use. The property is partially tenanted, with a long-term solicitor tenant occupying part of the first and second floors, paying £8,000 per annum.

Key Details:

• Approved Conversion:
• 1x one-bedroom apartment
• 3x two-bedroom apartments
• 1x three-bedroom apartment
• Existing Tenancy: Solicitors occupy part of the first and second floors.
• Location: Historic building on Milford Haven’s seafront with waterfront views.
• Current Use: Mixed-use commercial with approved residential conversion potential.

Once developed, finished flats may be rented in the following ranges:

• 1 bed flat - £550-650pcm
• 2 bed - £600 - £750pcm
• 3 bed £700-850pcm

An investment opportunity with existing rental income and planning approval in place.

Tenure: Freehold