118 High St 4,672 sq ft Retail Property Stockton On Tees TS18 1AY £120,000 (£25.68/sq ft)

Mixed use development opportunity For Sale with planning permission for a ground floor retail unit and 3 flats.
This mid-terraced, four-storey building of traditional construction measures approximately 154.59 sq m (1,664 sq ft). It features retail and ancillary space on the ground floor, with additional ancillary accommodation across the first, second, and third floors. With planning permission already granted for conversion to a mixed retail and residential property, it offers plenty of potential for alternative uses. The turnkey package includes full consent to convert the upper floors into three one-bedroom flats while retaining a commercial unit at street level. Most of the prep work is complete, making it a ready-to-go investment. Approved plans detail 3 x 1-bed flats above and 1 x commercial unit below. We are informed by our client that Nitrate neutrality credits worth £10,500 have been secured and can be transferred to the new owner. Draft building regulation drawings are also included, with an example layout for the first-floor flat. In short, it’s a “development in a box” - planning in place, environmental credits sorted, and building drawings ready, so you can jump straight into the build phase. With its eye-catching frontage, sturdy build, and flexible pre-approved layout, this High Street property is a fantastic opportunity for investors, developers, or business owners seeking a prime, adaptable space.