Residential development for sale
Property description & features
- Tenure: Freehold
- Neighbouring freehold Victorian properties for sale
- Two ground floor retail units & two 1 bedroom flats
- Garaging/storage space to the rear
- Potential to extend & create further accommodation (stpp)
- 2,642 sqft of existing accommodation
- Guide price: £895,000 F/H
210 Main Road: currently arranged as a retail unit at ground floor and 1 bedroom flat at first floor, accessed from the rear. The ground floor (now vacant) was most recently used as a laundrette. The first floor one bedroom flat is let on an AST expiring in August 2024 at a current rent of £1,150pcm/ £13,800pa. This element of the property will be sold with the ground floor vacant, with the benefit of the AST/income from the flat.
212 Main Road: currently arranged as a retail unit at ground floor and 1 bedroom flat at first floor, accessed from Northcote Road. The ground floor was most recently used as an off-licence and grocery shop. The first floor one bedroom flat is currently occupied by a member of the vendor's family. Both elements of the property will be sold with vacant possession.
Both flats are in good condition. At the rear of the property is a single storey building currently used for storage. There is potential to extend into the roof space and rear to create further accommodation, subject to the necessary planning consents. There is also potential to convert the retail units into residential under permitted development rights.
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