Just had the first estate agent round. He reckons that a newly built house in that position, built to a high spec and good finish, should go for around £550 -£600K. He reckons you could be looking £200K+ to build it. He reckons I could put the site, with planning permission, up for sale for £250K and get somewhere near to that. That's looking to be the more attractive option to me at the moment. I suppose I could put it up and see what happens - don't have to sell if I don't want to, do I. Then again, I don't need the money and I could either carry on working at the site or rent it out - I have three years before the planning permission expires and I'm assuming I could either renew it or re-apply in the future - the local council definitely want to get rid of a commercial property in a residential area so I don't think it would be a problem getting permission again.
