Excellent opportunity to purchase a freehold mixed-use property
Guide price only £250,000
Ground floor shop plus self contained one bed flat above
Car parking and yard area to the rear
The property comprises a two-storey mixed use terraced property with brick elevations to the front beneath a pitched tiled roof. The ground floor extends to the rear with a flat roof.
The ground floor comprises a retail unit with sales area, kitchen area, customer WC's and staff WC's and benefits from rear access into the car park / loading area to the rear.
The first floor comprises a self-contained one bed flat and is accessed via an external staircase and over the flat roof to the rear of the property. The first floor is in need of modernisation.
Burston Cook have measured the property and we confirm the property has the following approximate net internal area in line with the RICS Property Measurements Standards:-
Ground Floor Shop 634 sq ft (58.87 sq m)
Ground Floor Ancillary 98 sq ft ( 9.07 sq m)
Total 732 sq ft (67.14 sq m)
First Floor One bed flat.
We have assumed the property benefits from Use Class E at ground floor and residential use on the upper floors.
The property has the following ratings assessment:-
Rateable Value: £8,100
The property is below the threshold for Small Business Rates Relief and therefore, interested parties may be eligible for 100% business Rates Relief. Interested parties are advised to make their own enquiries in this regard.
The freehold interest is available for sale with vacant possession.
The guide price is £250,000.