Property consultants Bruton Knowles have been instructed to sell a 2.5-acre development site in Atherstone, Warwickshire.
The site, which is adjacent to Baddesley Wharf on the Coventry Canal, is being sold on behalf of private owners.
The land benefits from planning consent for a hotel and public house, which was granted by North Warwickshire District Council in May 2011.
Offers are being sought for a development lease on the land. Consideration will also be given to a full market lease on a completed development.
Sam Spencer, Associate in Bruton Knowles’ licensed and leisure team, said: “With its waterside setting overlooking the canal basin, prominent location on the A5 and close to the M42 motorway, coupled with planning consent for a hotel and pub, this is a fantastic development opportunity. As a result we’re expecting a lot of interest in the site.”