Wallingford, South Oxfordshire, OX10

£1,000,000

Guide price

Property Description

Located in the heart of Wallingford and host to many businesses. The property has significant development potential subject to planning permission.

Property Details

Former hotel redeveloped in the 1980's. Currently trading as a bustling business hub incorporating an antiques and collectables centre, commended Thai restaurant and popular bistro, The Lamb Arcade is a characteristic and iconic building set within central Wallingford, South Oxfordshire.Development potential for mixed use scheme residential and A3, Subject to planning permission. Drawings of the proposed mixed use development scheme will be available for interested parties. The rating authority will re-assess the listing of the property following completion of a proposed development.Inner courtyard accessed from the rear of the property. Off Street Parking. The premises is arranged as follows;Basement with restaurant currently holding a premises license.Ground Floor with multiple trading areas.First Floor currently with multiple trading areas with plans prepared for re-development into five residential units, subject to planning permission.Second Floor has already undergone residential conversion providing three properties sold on long leasehold interest and therefore these to not form part of this proposed development.Licences held on this property relates to the Coffee Shop and the restaurant located in the basement. The terms of the licences are granted for fixed periods of 6 months and can be terminated within 7 days.

If you'd like to talk to us about this property, quote reference 3849188 when calling.

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Chancellors Estate Agents - Wallingford

5 St Martin's Street, Wallingford, Oxfordshire, OX10 0AL

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