£1,950,000

Commercial land for sale

Derbyshire, DE73
studio Flat studio Flat
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Property description

This is a rare opportunity to acquire a substantial potential development site located within a highly sought after location with planning consent for a comprehensive residential conversion for 8 dwellings:

Hotel Conversion (Existing Structure):
- 3 x two-bedroom apartments (Ground Floor).
- 2 x one-bedroom apartments and 1x studio apartment (First Floor).

Wedding Venue (Existing Structure):
- 1 x bespoke, detached three-bedroom dwelling.

Barn (Existing Structure):
- 1 x bespoke, detached four-bedroom barn conversion including approximately 1.7 acres of land/garden.

Adjacent Residential Dwelling (Existing Structure):
- 1 x semi-detached three-bedroom house

The hotel itself currently features 13 individually styled en-suite bedrooms, a spacious reception area, multiple function rooms including a popular wedding venue space, licensed bar, dining areas and professionally commercial equipped kitchens.

Although the site is being marketed primarily for its residential conversion potential, the existing buildings and infrastructure also lend themselves to the continuation as a hospitality/events venue, subject to the necessary consents.

Location

The subject property is situated within a semi-rural location on the edge of the highly sought after village of Melbourne and has operated as the Melbourne View Hotel for some time. The property boasts panoramic views of the South Derbyshire countryside whilst benefiting from easy access to the popular Donington Park circuit and East Midlands Airport.

Accommodation

Having taken into consideration the site boundaries, the land and existing buildings for sale extends to approximately 3.3 acres (1.34 hectares).

Planning

The planning application is referenced DMPA/2024/1202 on the South Derbyshire District Council Planning Portal.

A comprehensive information pack is available upon request from the Agent.

Services

It is understood that all mains services are available to the site with the inclusion of a shared septic waste tank.

Rates

The Melbourne View Hotel is currently listed on the valuation office website as having a rateable value of £10,250.

We understand that business rates relief may apply, however we strongly advise all interested parties make their own enquiries with the local billing authority.

Legal Costs

Each party are to bear their own legal costs in connection with this transaction.

VAT

It is our understanding that VAT is not applicable upon the purchase of this property.

All figures are quoted exclusive of VAT.

Viewing

Strictly via appointment by sole agent BB&J Commercial.
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Derbyshire, DE73

Marketed by

BB&J Commercial - Derby Oxford House Stanier Way DE21 6BF
Call agent on 01332 494565
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by BB&J Commercial - Derby. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact BB&J Commercial - Derby for full details and further information.
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