The property comprises a traditional mid terrace retail/office premises briefly comprising a ground floor sales area, to the rear of which is a kitchen and WC together with a first floor former hair salon. The property has previously been extended to the rear to ground and first floor level to extend the sales areas and also benefits from an area of land to the rear which could easily be cleared to create an onsite parking area. Subject to planning, the first floor could be separated from the ground floor to create a self-contained flat for which there is high rental demand in the area.
Location
The property forms part of an established parade of mix use commercial premises on the outskirts of the town centre immediately in front of the subway entrance and on-street parking. There is vehicular access to the rear of the property enabling the land to the rear to be cleared to create onsite parking facilities.
Accommodation
Ground Floor
Sales area: 434 sq ft
Kitchen: 58 sq ft
WC: -
First floor
Salon: 427 sq ft
Total NIA: 919 sq ft
Terms
SERVICES - All mains services ae connected. Gas fired central heating installed. No services have been tested by the agents.
VAT - The sale price is not subject to VAT.
TENURE - Freehold, subject to contract and with vacant possession upon completion.
PRICE - £125,000
BUSINESS RATES:
Rateable Value: £7,300
Rates Payable: £3,642.70 pa (23/24)
Note: If you qualify for Small Business Rates Relief you may be entitled to a 100% business rates exemption.
ANTI MONEY LAUNDERING REGULATIONS - In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.
Specification
- Retail/office premises with first floor former hair salon
- Total NIA 919 sq ft with 434 sq ft of ground floor sales
- Main road frontage on outskirts of town centre
- Potential to convert first floor into residential (STP)
- Land to the rear suitable for onsite car parking
- EPC: TBC