West Quay, Ramsey
Asking price: £399,000

An exciting opportunity has arisen to acquire a substantial mixed-use freehold property offering significant development potential. Spread over four floors, this versatile building presents an ideal investment for developers, investors, or owner-occupiers looking for a project with plenty of upside.

The ground and first floors feature a former dental practice, offering 1,911 sq ft of space, including nine suites, a reception area, four WC’s, a kitchen, and storage facilities. While some suites require renovation, the space is ripe with potential for continued commercial use.

Planning permission has been approved (No. 23/00832/B) for converting the first floor into a 1 bedroom apartment, adding further to the property's potential rental income. The planning permission includes alterations to external elevations including new windows, doors, rendering, and stone cladding, enhancing the building's curb appeal and overall value.

On the second and third floors, the building includes a large, registered 3 bedroom apartment. This unit requires complete refurbishment, including the installation of a kitchen and bathroom suite, making it perfect for anyone looking to customise or develop for the rental market. With all fixtures and fittings already removed, it offers a blank slate for development.

The property benefits from separate entrances for both the ground and upper floors, making it ideal for mixed-use or multi-tenant purposes. A yard at the rear of the building adds additional outdoor space or storage options, while gas service ensures efficient heating throughout.

Located in a desirable area, this property is perfect for those seeking a project with pre-approved planning permissions and the potential to maximise rental or resale value. With some renovation, this freehold property could deliver impressive returns.