Grade II listed former Cotswold Bank with planning to convert to a 10 bedroom hotel with restaurant and bar or suitable for a variety of alternative uses, subject to planning permission.
Constructed in circa 1840, The Grade II listed, 3 storey Old Bank provides a rare and unique opportunity in the heart of the Cotswolds. The impressive landmark building, packed with original features, is situated in a prime and highly visible location within Moreton-in-Marsh on the junction of the High Street and A44. In its current form, the Property has an area of circa 530 sq.m.
The Property would suit a range of potential uses, including retail, residential, office and hospitality subject to planning permission. Previously, the Property provided a bank and offices on the ground floor with residential accommodation next door.
The Property has planning permission (19/00467/FUL) to be converted into a 10 bedroom hotel with 60 cover restaurant on the ground floor with an extension to the rear. In addition, architects drawings have been created for a mixed use office and residential development providing ground floor office space, residential townhouse and four 1-bedroom apartments (STPP).
To the rear of the property is an enclosed courtyard where the proposed extension will be constructed.
The A429 (Fosseway) runs directly past the entrance to the property. The Fosseway is the main route from Cirencester to Warwick and is an ancient Roman road. Moreton in Marsh train station is located 0.3 miles away with fast train services to London Paddington. The nearest airport is Birmingham around 38.4 miles away, offering services to the rest of the UK and some European destinations.
View payable Stamp Duty for this property
Exciting investment opportunity in the heart of the Cotswolds.David Henderson