Mixed Use For Sale
The current buildings consist of two floors of commercial, (basement and ground floor), the rear of which is currently let to a nursery paying £35,000 pa who are on a renewable lease which has expired, they would prefer to find a different location.
Above the commercial to the front are; seven rented apartments a mixture of studios and one beds with the current rental income of circa £87,000.
Again, at the rear on the roof work had commenced to implement a previous consented planning scheme of an additional six units.
There is an existing floor space in excess of 12000 sq ft.
A pre-application had been made to increase these six units to nine, the feedback from the council was that amendment might be redesigned to increase the number of units and the current owner’s architect has sketched a potential scheme of 20 units, 4 x studios @ 41.1 sqm, 9 x one beds @ 67 sqm and 7 x two beds @ 84sqm, this scheme would also reduce the commercial on the ground floor.
We are instructed by the vendor to seek unconditional offers. For more information and to view, please call Rolfe East.
Tenure: Freehold
No EPC available for this property
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