Freehold commercial investment comprising of ground floor currently let to Betting Shop which will be vacant at the time of completion.
The ground floor has the benefit of 3 different planning consents, each of which have not yet been implemented but consist of A2 office use, D1 non-residential institution use, C3 residential use.
Therefore amongst uses as described, the property is ideally suited for conversion into 2 self-contained flats as the first floor, we are advised, enjoys existing residential use with the commercial tenant paying rates in respect of the ground floor and council tax for residential purposes in respect of the first floor.
Subject to planning permission, it is considered that the existing roof space might be suitable for further development. Subject to any necessary consents, it may be possible to alter the current planning permission and convert the ground floor flat into a two bedroom unit instead of the current consent that provides for a one bedroom flat.
45.18 m sq total
42.52 m sq
As listed below are a note of the 3 planning permission reference numbers and links to the Council website.
A2 Application: Ref P/24/19/PL
D1 Application: Ref P/23/19/PL
C3 Application: Ref P/25/19/PD
The property benefits from a garden/2 parking spaces and access and a rear entrance.
Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.
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