Specialist business property adviser, Christie & Co, is delighted to bring to market an exciting High Street opportunity in the heart of Driffield town centre, East Yorkshire.
Extending to approximately 5,736 sq feet and arranged over four floors on Market Place, the property is currently occupied by Barclays Bank, who have decided to exercise their break clause, terminating the lease in June 2022.
The property will be sold on a freehold basis with vacant possession, creating an exciting opportunity for a new owner to acquire a blank canvas with fantastic development potential for alternative use within a variety of sectors.
With its position amongst a busy retail and licensed circuit in Driffield town centre, the site lends itself to a retail or hospitality offering, with potential for conversion into a shop or a large pub-restaurant with guesthouse / letting accommodation. The upper floors could be converted into town centre apartments. This is subject to obtaining appropriate planning permissions.
Sam Ashton, Senior Business Agent at Christie & Co, who is handling the sale, said: “Barclays decision to terminate the lease has created a fantastic opportunity for a buyer to snap up a prime vacant building site with great renovation potential, in the lovely town of Driffield – fondly referred to as the Capital of the Wolds. We are currently asking for offers over £415,000 and I look forward to talking to prospective purchasers who will likely be keen to discuss the property’s development options.”
