Ancient Mill to be refurbished

Cadignano, Lombardy
€498,000

Summary

  • Restaurant
  • Bedrooms: 9
  • Reception rooms: 6
  • Property size: 760 sqm
  • Land size: 700 sqm
  • Year built: 1100
  • Quiet location within protected natural park
  • Listed building from 12th century
  • Broad range of development opportunity - commercial/residential/mixed use
  • Unique architectural and historical features
  • Conveniently located from Lake Garda, Milan, Verona, Venice
  • Authentic Italian countryside and renowned wine area (Franciacorta, Lugana, Chiaretto, Valpolicella)
  • Well served by major airports (Bergamo Orio al Serio/Verona 40 minutes away)
  • No Italian language knowledge required
  • Bespoke refurbishment design by London based architectural and construction firm

Details

The mill, its millrace and the wooded grounds within which it is located, has planning permission as Restaurant and it provides a unique opportunity within this area of North Italy for the development of either a hospitality based commercial venture or an exceptional private residence.

Located on the eastern edge of the village of Cadignano, just few minutes away from the motorway, well connected to major towns in Northern Italy, the property is set within a Regional Park Protected Area in the quiet and peaceful countryside of the Po Valley near Lake Garda (20 minutes away).

There are two structures within the site. The principal building is a two-storey brick built structure of circa 700 square metres gross area and the secondary building is a two-storey barn of circa 60 square metres.

The oldest part of the building was constructed during the 12th century and with various extensions and alterations, it is a rare example of its type and is of historical importance and is therefore statutorily protected.

When the current owners purchased the property, they carried out essential restoration and preservation works in keeping with the character of the buildings so as to safeguard the integrity of the structures and the internal features.

Although the building and its environs are statutorily protected, the 'listing' permits a broad range of uses for the refurbished building and it already has planning permission as restaurant. Besides that, other uses are allowed including use as a single private residence, a multi-tenancy residence (three or possibly four apartments) or, for commercial hospitality uses such as a small hotel/guesthouse (possibly eight/nine rooms) with facilities.

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