£695,000

Studio flat for sale

Cranbrook, TN17
studio Flat studio Flat
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Property description

*Exceptional Development Opportunity – Full-Site Transformation in the Heart of Cranbrook.* An outstanding and rare opportunity has emerged to breathe new life into a truly stunning building—the former White Horse public house—nestled in the very heart of the highly affluent and sought-after town of Cranbrook.This full-site redevelopment project comes with FULL PLANNING PERMISSION, offering a unique blend of commercial and residential spaces in a prime location. The approved proposal retains a commercial unit (Use Class E) on the ground floor, ensuring continued business presence in this thriving area, while the upper floors will be transformed into five spacious and thoughtfully designed apartments. Additionally, the existing outbuilding to the rear of the property will undergo a meticulous conversion into a charming two-bedroom cottage, maximizing the site’s potential for mixed-use functionality and investment return.Financial Advantages:One of the key benefits of this development is the absence of S106, CIL, or BNG contributions, significantly reducing financial outlays compared to new-build projects. This makes it an exceptionally attractive proposition for developers and investors looking to capitalize on a prime location with minimized costs.The proposed development comprises the following:> Ground Floor Commercial Unit – 149m²> Apartment 1 – 1B1P @ 44m²> Apartment 2 – 1B1P @ 39m²> Apartment 3 – 1B1P @ 40m²> Apartment 4 – 1B2P @ 50m²> Apartment 5 – 1B2P @ 50m²> Outbuilding Conversion – 2B2P @ 67m²With its prime location, planning approval, and financial benefits, this project presents an exceptional opportunity for developers, investors, and those looking to create a high-quality mixed-use scheme in one of Kent’s most desirable towns. The property is offered with vacant possession, allowing for an immediate start on development. For further details or to register your interest, please contact our offices today.
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First listed

Over a month ago

Cranbrook, TN17

Marketed by

Michaels Property Consultants - Halstead 8 Bridge Street Halstead CO9 1HT
Call agent on 01787 336416
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