South Street, Bishop's Stortford, Herts, CM23 3AL. £3,500,000 (subject to contract).
South Street, Bishop's Stortford, Herts, CM23 3AL.
Positioned in the heart of Bishop's Stortford overlooking the river and moments from the main line train station is this former shopping centre with a large backyard occupying c1.1 acres. Due to the close proximity to Stansted airport and the areas status as one of the most affluent in the country we see immense potential with this site.
Our client has planning consent for a 72 room hotel, c500 sq m of retail space and 70 parking spaces overlooking the River Stort. They also believe that they could improve on this planning at a later date (subject to necessary consents) by adding c10 self contained flats or c18 rooms in the pitched loft space of the development.