Substantial freehold for sale – *retail/residential development opportunity* – comprising a substantial corner property formerly used as a bank and retail shop at ground floor level with residential and ancillary space on 1st and part 2nd floors. Within the space there is a self-contained flat with separate kitchen and bathroom and also another area which could easily be converted into residential and could create a 4 bedroom flat. The ground floor would lend itself to splitting into 4 residential units (subject to the necessary planning consents). There is parking for 2-3 cars to the side of the property plus a further parking area for 4-5 cars on the council car-park which is adjacent.
Freehold commercial and residential investment for sale, comprising a substantial building arranged over ground, part first, part second and third floors. The ground floor is extremely deep and comprises retail sales area plus rear storage, mezzanine staff room area and a two storey section to the far rear of the property fronting Castle Mews which is accessed from Castle Road. In order to appreciate the layout of the shop premises, an inspection is recommended. Please note that the retail area is partly separated from the storage area by way of a staircase which cuts off the shop which leads to the mezzanine staff room. The shop is currently let to Clarks shoes and the lease is expiring in September 2020 and they have given notice that they are vacating.
The upper part is accessed via a door to the right of the shop front and comprises five self-contained flats as follows:
1 x 1 bed and 1 studio at first floor level
1 x 2 bed and 1 studio at second floor level
1 x 2 bed at third floor level
All flats are currently let on Assured Shorthold Tenancies as per the attached schedule.
