Development Property For Sale: UK Property Investments
This property investments database offers hundreds of property development opportunities for sale such as pubs, hotels, hostels, care homes, petrol stations, factories, churches, hospitals, post offices and other former public buildings. Paramount Investments also offer UK properties for sale with planning permission and UK properties for sale without planning permission
Recent price cuts caused by breweries and pub companies offloading unprofitable, struggling, run down or vacant pubs and hotels, are tempting entrepreneurs to look at the potential locked up in sites previously thought too expensive to run as a business or redevelop into offices, shops, care homes, restaurants, flats or apartments. We offer a range of leasehold and freehold pubs, hotels, clubs, bars, public houses and licensed properties for sale in London, Manchester, Liverpool, The Midlands, Wales, Scotland, Yorkshire, Lancashire and Merseyside
Many empty or disused licensed properties often occupy prime city and town centre locations and enjoy spacious yards, car parks, beer gardens and out buildings and offer excellent change of use and property redevelopment or refurbishment opportunities.
Paramount Investments can help you to find a suitable pub company or brewery property for sale and also offer the expertise in dealing with planning and finance as well as handling redevelopment and resale. We can help you research the local area to learn about any new developments that may have an effect on the rental market or capital growth of the property. The process can be one of the most critical elements in property investment, especially if you lack the local knowledge required to make an informed decision.
Redeveloping property to meet the demands of tomorrow's buyer is a highly cyclical and risky business and finding the perfect property for development doesn’t happen by chance. The ability to determine your investment needs, identify problem areas and ask the right questions will help you make the right property investment choice before you proceed with any agreement.
UK Pub Sales: Buying a Freehold Pub or Hotel Suitable for Redevelopment
Pubs in the UK have a flexible A4 planning 'use class' that normally can be changed to A1 use (say, for a newsagents), A2 (a delicatessen or a firm of solicitors or architects) or A3 (restaurants).
Alternatively, buyers can apply for planning permission to convert the pub or hotel into a residential property. Often UK pubs come with land, beer gardens or car parks that can be developed. Unless it's a village pub, where community issues come into play, planners are sympathetic to alternative uses. 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.
Before you buy a run down pub or hotel in need of refurbishment or redevelopment, explore different ways of achieving the best return on your property investment
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.
The practicalities. 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.
Interior Design and Property Refurbishment
Completing the property investment process for existing or new developers, we offer expert advice on selling property developments making sure that investors benefit from the best returns possible. Paramount Investments work closely with several interior design companies to offer clients stylish design to suit every taste. Working with a variety of client budgets our interior designers renovate and decorate houses and flats according to client specifications.
Properties to rent and sell are generally decorated in a generic style to appeal to a wide range of tenants or buyers whilst homes reflect individual buyers personal tastes.
The value of a property can be significantly increased by undertaking a programme of refurbishment. If you are buying to let, redecoration increases rental returns and if you are buying to sell again a small investment in refurbishment can reap worthwhile returns on the value of the sale.
Expert Advice on Building and Construction
We work with experienced building surveyors to provide a project management service that advises and oversees any major construction work undertaken on an investment.
Property Development & Investment Sales Objectives
- Proactive advice on the best time to sell
- Maximise the return on investment
- Effective marketing of the property
- Impartial advice about all aspects of the property sales
- Ensure that the sale is managed as efficiently and effectively as possible
If you would like to use any of these investment services or would like to discuss your individual UK property investment requirements further, please contact us or phone on 020 7644 2333.
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