An imposing and attractive late Victorian retail/office premises located within the town centre and adjacent to a large public car park to the rear. Constructed of brick elevations the property has an attractive front elevation with ornate stone features and a floor to ceiling glazed frontage. The ground floor is arranged in open plan with a number of individual offices arranged over the first, second and third floor. To the rear of the property is an area of land which could provide on-site car parking and/or amenity space. There is also an external fire escape staircase to the rear providing an alternative means of access to the upper floors.
Location
The property is located in the town centre having frontage to Market Street (A5007), one of the main thoroughfares through the town. There are a range of retail and professional businesses within close proximately to the property and TSB bank is immediately opposite. The main public car park in the town is to the rear and there is also pay and display on street parking in front of the property.
Accommodation
Ground Floor
Sales Area - 661 sq ft
First Floor
4 x Offices - 377 sq ft
Kitchen - 55 sq ft
M&F WC's
Second Floor
3 x Offices - 494 sq ft
WC
Third Floor
6 x Rooms - 629 sq ft
TOTAL NIA - 2,216 sq ft
Terms
PRICE - £125,000
RENT - £12,000 pax
PLANNING - Formerly occupied by an estate agent the property has a long established ‘E’ Use Class Order, which permits a range of uses to include retail, café and professional offices.
SERVICES - All mains’ services are connected. Gas fired central heating installed and the ground floor is air conditioned. No services have been tested by the agents. VAT The sale price/rent is not subject to VAT.
BUSINESS RATES:
Rateable Value £7,700
Rates Payable £3,842.30 pa (21/22)
Note: If you qualify for Small Business Rates Relief you should be entitled to a 100% exemption.
TENURE - Available freehold, subject to contract and with vacant possession upon completion. Alternatively, by way of a new full repairing and insuring lease for a term of years to be agreed with rent reviews every three years and with each party bearing their own legal fees
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
- Imposing and attractive town centre retail/office premises with upper floors
- Total NIA: 2,216 sq ft with 661 sq ft of ground floor sales
- Excellent potential to covert upper floors for residential use (STP)
- Would suit wide range of commercial uses
- EPC: 97 (Band D)