Price £295,000

Rates Payable Upon Enquiry

EPC Rating This property has been set as EPC exempt.
Reason: Currently being constructed or undergoing major refurbishment

Description

The property provides a part developed four storey mixed use commercial and residential building with planning consent granted for a proposal to erect a double and part single storey extension, loft conversion with new dormer to form a residential 1 bed self contained flat across the 1st and 2nd floor and to increase the retail area on the ground floor.

Measurements as per the Architects drawings as follows:

Ground floor: 671.8 Sq.ft overall comprising: - Ground floor sales: 635.4 Sq.ft, Ground floor w.c: 25.4 Sq.ft, Store: 11 Sq.ft.

First & second floor flat: 966.1 Sq.ft overall comprising: Kitchen/living/dining: 339.5 Sq.ft, Store: 16.2 Sq.ft, En-Suite: 43 Sq.ft, Bedroom: 148.4 Sq.ft, Second floor store: 419 Sq.ft.

Rateable Value

Rateable value: £11,750.
Small Business Rates Multiplier 2026/27: 43.2p.
Interested parties are advised to make their own enquiries with SMBC - 0161 474 5188.

Tenure

We understand that the property is Freehold.
Title Number: TBC by the vendor Solicitor.

Price/VAT

£295,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable on the sale.

Expected Rent

Ground floor shop: £15,000 pax - £1,250 pcm.
First & second floor flat: £13,200 - £1,100 pcm.

Planning Consent

Full planning consent was granted 25/03/2024 for a
proposal to erect a double and part single storey extension, loft conversion with new dormer to form a residential 1bed self contained flat across the 1st and 2nd floor and to increase the retail area on the ground floor.

Work has commenced with new elevations in place, roofing works part completed, new windows/shop front with electric shutter. Works to be completed by the buyer.

Utilities

Mains services are available including gas, electricity, water and drainage.