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Former Empire Theatre Development Opportunity

Former Empire Theatre Development Opportunity

Address

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Auction date

28 May 2026

Guide price

£250,000

Type

Commercial

Tenure

Unknown

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This former theatre presents an exciting opportunity for redevelopment, with outline planning consent for a prime residential development of 20 units. Located in Loftus, Redcar and Cleveland, this site allows for creative design and significant value uplift.

  • Outline planning granted for 20 x 1 & 2 bedroom apartments
  • Prime residential location with strong rental demand
  • Heritage-style building requiring full renovation

This property is ideal for developers targeting the thriving housing market in the area. With potential for high yields, this is a must-see opportunity for builders and investors alike.

Last update: 07 May 2026

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