A rarely available freehold oppotunity comprising of ground floor lock-up shop with Class A1 use, basement storage, first & second floor office acommodation, with kitchen facilities to the first floor and an external workshop area to the rear.
There is potential for residential conversion of the first and second floor offices, subject to planning permission.
Location
The property is located on Percival Road within a parade of retail units close to its junction with Lincoln Road and a 5 minute walk to Southbury Road, offering bus links to the greater transport network.
Accommodation
Floor area are gross internal and approximate only
Ground Floor Shop - 346 sq ft (32.14 sq m)
Basement Storage - 203 sq ft (18.85 sq m)
First Floor Office (includes kitchen area) - 295 sq ft (27.04 sq m)
Second Floor Office - 295 sq ft (27.04 sq m)
Rear Workshop - 727 sq ft (67.54 sq m)
Total - 1,824 sq ft (169.45 sq m)
Terms
Terms - The property is available freehold with vacant possession. Alternatively the property can be let as a whole on rent/terms to be agreed.
Price / Rent - £725,000 / £28,000 per annum exclusive. All prices are subject to VAT if applicable Subject to Contract
Business Rates 2018/19:
Rateable Value:
Ground Floor - £4,850
First Floor - £3,900
Second Floor - £3,500
Rear Workshop - £5,900
Rates Payable:
Ground Floor - £2,328
First Floor - £1,872
Second Floor - £1,680
Rear Workshop - £2,832
Interested parties should confirm the rateable value and rates payable with the Local Charging Authority
Legal Costs - Each party will be responsible for their own legal costs incurred.
Specification
- Ground floor lock-up shop with Class A1 Use
- Basement storage area
- First & second flood offices (potential for residential conversion STPP)
- Rear workshop/storage
- Rarely available freehold