Development Properties
Before you buy a run down pub or hotel in need of restoration, renovation, refurbishment or redevelopment, explore the different ways of achieving the best return on your property investment
Development Property Sites for Sale in The UK
Modernising a pub. A general decorative overhaul can push up the value of a run down pub or hotel without involving planners, architects and a big investment,.Converting a pub. At its most simple you might buy a large public house or hotel and turn it into flats, but this still involves complex investment budgeting and financing. There's often a large gap between the value of a pub and what it might fetch if redeveloped or converted to offices, shops or flats - but there are also a lot of costs involved, and often a lot of pitfalls. Sometimes it's more profitable to convert the pub into a single house. Planning permission will normally be required in both scenarios. Many Victorian pubs are listed, which can complicate conversion projects.
Change of use as a pub. The conversion of a building from one of business use into housing is a more complex proposition. For example, when converting a pub or hutel into flats, the big, initial risk is trying to buy the property without first applying for planning permission for 'change of use'. You should never buy an investmnet property on the assumption that 'change of use' is possible without serious research into the planning issues and a detailed conversation with local planning officers. Many hotel and pub sales like this are achieved only when they are 'subject to planning', that is, the deal will only be completed, and the full purchase price paid, when planning permission is granted.
Property Redevelopment
Refurbishment Development & Renovation Property For Sale
Development Properties For Sale Needing Repair, Renovation, Redevelopment, Modernisation & Restoration
Paramount Investments offer distressed, derelict, run down and abandoned pubs and public houses for sale suitable for redevelopment, renovation, repair, refurbishment or restoration .Many of these pubs come with land, beer gardens or car parks that can be developed.
Pubs close because they are not successful businesses and redevelopment helps regenerate the area. In run-down areas, planners often want to keep a commercial use for the pub because this boosts local employment. Unless it's a village pub, where community issues come into play, planners are sympathetic to alternative uses.
With any prospective pub or hotel redevelopment or refurbishment, you'll need to have a good understanding of building regulations and of the architectural possibilities of your property. When converting larger and more substantial pubs, you'll probably need a professional team and you'll need to budget for their services.
- Property development sites for sale in East Anglia: Bedfordshire, Cambridgeshire, Essex, Hertfordshire, Norfolk and Suffolk
- Property development sites for sale in London: Barking and Dagenham Barnet Bexley Brent Bromley Camden City of London City of Westminster Croydon Ealing Enfield Greenwich Hackney Hammersmith and Fulham Haringey Harrow Havering Hillingdon Hounslow Islington Kensington and Chelsea Kingston upon Thames Lambeth Lewisham Merton Newham Redbridge Richmond upon Thames Southwark Sutton Tower Hamlets Waltham Forest Wandsworth .
- Property development sites for sale in the Midlands: Herefordshire, Shropshire, Staffordshire, Warwickshire, West Midlands, Worcestershire, Derbyshire, Leicestershire, Lincolnshire, Northamptonshire, Nottinghamshire and Rutland
- Property development sites for sale in North East England: Cleveland, County Durham, Northumberland, Tyne and Wear
- Property development sites for sale in North West England: Cheshire, Cumbria, Lancashire, Manchester, Merseyside
- Property development sites for sale in Scotland:: Aberdeen, Aberdeenshire, Angus, Argyll and Bute, Borders, Clackmannanshire, Dumfries and Galloway, Dundee, East Ayrshire, East Dunbartonshire, East Lothian, East Renfrewshire, Edinburgh, Falkirk Distric, Fife, Glasgow, Highland, Inverclyde, Midlothian, Moray, North Ayrshire, North Lanarkshire, Orkney Islands, Perth and Kinross, Renfrewshire, Shetland Islands, South Ayrshire, South Lanarkshire, Stirling, West Dunbartonshire, West Lothian, Western Isles
- Property development sites for sale in South West England: Bristol, Cornwall, Devon, Dorset, Gloucestershire, Somerset and Wiltshire
- Property development sites for sale in South East England Berkshire, Buckinghamshire, East Sussex, Hampshire, Isle of Wight, Kent, Oxfordshire, Surrey and West Sussex
- Property development sites for sale in Wales Blaenau Gwent, Bridgend, Caerphilly, Cardiff, Carmarthenshire, Ceredigion, Conwy, Denbighshire, Flintshire, Gwynedd, Isle of Anglesey, Merthyr Tydfil, Monmouthshire, Neath Port Talbot, Newport, Pembrokeshire, Powys, Rhondda Cynon Taff, Swansea, Torfaen, Vale of Glamorgan, Wrexham
- Property development sites for sale in Yorkshire:: East Riding of Yorkshire, Humberside, North Yorkshire, South Yorkshire and West Yorkshire
Development Property Sites For Sale: Refurbishment, Renovation, Conversion & Redevelopment Properties For Sale
Paramount Magazine provides links to unmodernised buildings, brownfield industrial sites and run down, derelict, empty or neglected commercial properties for sale. Also distressed property news, property repossessions, investment returns, rental yields, forecasts, reports, surveys, trends, predictions & analysis of the distressed licensed, student, healthcare, leisure, office & retail property markets in London, Glasgow, Birmingham, Manchester, Sheffield, Leeds, Liverpool, Bristol, Cardiff, Leicester, Hull, Newcastle, Bradford and throughout the UK