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Retail / Office Premises, Pitman House, Silver Street, Trowbridge, BA14 8AA

4,116 Sq Ft / Retail / Mixed Use

For Sale - £500,000.00

Available - Last updated: 22 January 2024

The premises comprises a detached, brick-built, Grade II Listed property, located in the heart of Trowbridge town centre.

The premises are currently configured into three sections. 9 Silver Street comprises a ground floor retail unit with first and second floor ancillary offices.

The front most ground floor section of 10 Silver Street provides an open plan, vacant retail unit. The rear section of the ground floor along with the first floor of 10 Silver Street provide vacant accommodation.

Location

The property is located on a secondary retail thoroughfare within the town of Trowbridge. Trowbridge contains a variety of independent and national restaurants, retailers, as well as a large park in the town centre.
Trowbridge Train Station is located approximately 0.8 miles distant to the west of Pitman House and offers direct services to Bath Spa and Bristol Temple Meads. It is approximately 1 hour and 40 minutes to London Paddington, with one change.
The property benefits from good road connections, with the A361 being located circa 0.4 miles distant to the south and junction 17 of the M4 being situated approximately 17.9 miles distant to the north.

Accommodation

The premises have an approximate total net internal floor area of 4,116 sq.ft (382.39 sq.m).

Terms

Potential - The property benefits from approved planning for conversion of the upper parts to provide three flats, with an alteration to the ground floor to create a storage room and front door with altered stairs to the first floor. The ground floor is to remain largely unchanged.

Planning was approved on 31st January 2020. Application Reference Number: 19/10846/FUL

Plans can be provided upon request.

We understand from the Historic England website that the property is Grade II Listed.

Tenancies:

9 Silver Street is let on a licence to the Shine Group at passing rent of £22,000 per annum exclusive.

10 Silver Street is currently vacant.

Terms - The freehold interest in the premises is available to purchase for offers in excess of £500,000.

Subject to Contract

VAT - The above guide price is quoted exclusive of VAT if applicable.

Costs - Each party are to pay their own fees in relation to the transaction.

EPC:

9 Silver Street - E (114)
10 Silver Street - E (106)

Council Tax - The Valuation Office Agency describes 9 Silver Street as ''Restaurant and premises', with a 2017 Rateable Value of £17,250.

The Valuation Office Agency describes 10 Silver Street as ''Offices and premises', with a 2017 Rateable Value of £10,000.

Specification

  • Rare opportunity to purchase a Grade II Listed property with potential (STPP).
  • Excellent location just outside the centre of Trowbridge, situated on a secondary retail thoroughfare.
  • Planning permission granted in January 2020 to convert the upper parts

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in excess of For Sale Freehold £500,000.00 NA

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Commercial Team

White & Sons

01306 580144

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