The architect also plans to revive a two-storey stone barn near the main site.
The statement said the work would “conserve and enhance the historic character and significance of the structure”.
People can comment on the plans until 6 August.
One resident has already said: “This proposal in no way accounts for the impact on local residents, when the factory was open, virtually all traffic parked in the lay-by with the odd delivery truck down the lane, this never impacted adversely on residents.
“This proposal would potentially increase the use of the lane by 18 cars, there is no space for traffic to pass.”