FOR SALE
31/08/23
1499
BXMS492 / Rightbiz
THE WHITE LION INN, BUXTON: A SUBSTANTIALLY DE-RISKED 13-UNIT DEVELOPMENT OPPORTUNITY!
A LANDMARK FREEHOLD FORMER COACHING INN WITH RESIDENTIAL PLANNING CONSENT & BOUTIQUE HOTEL POTENTIAL!
A unique and exceptional opportunity has arisen to acquire one of Buxton's most historic and significant buildings, the iconic former White Lion Inn. Steeped in history and brimming with character, the Grade II Listed property, with origins dating back to around 1650, offers a rare chance for a developer or investor to re-establish a prominent landmark in the heart of Buxton, capitalising on the town's ambitious and ongoing regeneration.
The property is being sold with planning consent for thirteen residential units, comprising a mix of apartments and townhouses.
Please note that the vendors may also be willing to divide the property depending on negotiations.
The White Lion Inn is arranged across multiple floors and buildings, with a generous footprint including:
The White Lion Inn, Buxton provides a substantially De-Risked 13-Unit Residential Development!
This rare opportunity has become available to acquire a substantially de-risked, part-completed residential development scheme in the centre of the thriving spa town of Buxton, located on the fringe of the beautiful Peak District. The property comprises a former coaching inn / hotel building together with associated barns, benefiting from planning consent for 13 residential units arranged around an attractive central courtyard setting.
Key Highlights:
Extensive capital-intensive works already completed to the main building
Full roof replacements including new lead valleys
Chimneys and gables rebuilt
New rainwater goods installed
Structural stabilisation undertaken with timber integrity confirmed
Original sash windows comprehensively refurbished
Repointing carried out in traditional lime mortar
Drainage, topographical, timber, ecological, structural and asbestos surveys completed prior to works
Significant enabling and preparatory works already undertaken
Barn Conversions:
The barns, with consent for 4 residential units, present as new-build shells, offering efficient delivery and strong value potential
Development Opportunity:
This is a scheme where the majority of high-risk and capital-intensive works have already been completed to the main building, enabling a purchaser to focus primarily on internal fit-out and delivery. The development offers a compelling balance of reduced risk and retained upside, with scope to enhance end values through specification and positioning.
E: C60. Ref: BXMS492
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