- A mixed use property development opportunity
- Vacant double fronted retail unit
- Two 1 bed flats over both vacant
- Structural issue to the rear extension: opportunity to take down and rebuild and provide more living accommodation in rear garden area
Development opportunity: Ground floor retail unit with two 1 bedroom flats over on the first and second floors. Vacant possession of the whole will be provided on completion.
A structural engineer's report has shown some issues at the rear of the property.
Copies of the report can be made available on request. The report advises that the rear addition was constructed with inadequate foundations. This gives the purchaser the opportunity to demolish the rear extension and rebuild - to create more residential accommodation subject to receiving the necessary planning consents.
The ground floor retail unit comprises two adjoining units that have been occupied as one retail unit. The unit provides a retail area to the front with storage to the rear and WC accommodation.
There are two self contained 1 bed flats over, accesses from the rear of the property via a twitchel running from Ellis Grove to the rear of Beeston Bed Centre, next door to the property. There is a rear garden area and steps up to the two flat entrance doors.
This is an opportunity for a developer looking to create a mixed use investment in this popular independent retail location. To view this opportunity or to ask for more details, please contact CP Walker and Son.
Originally built as adjoining units, this has been occupied as one unit for many years.
The double fronted unit provides 502 sq ft (46.6 sq. m) overall with retail space to the front and storage / ancillary accommodation at the rear. The floor plan attached shows the general arrangement.
There are two self contained flats over, access from the rear of the property. The flats are identical in layout; the room sizes below refer to both flats. The floor plan shows the general arrangement.
Accessed from the rear, each flat has a bathroom, small kitchen and living room on the first floor and bedroom within the attic. One of the flats has been refurbished to a decent standard; the other is in need of improvement.
There is a shared rear garden area that provides potential for development subject to the necessary planning consents.
There is evidence of structural movement to the rear extension; a report from a structural engineer (copies available on request) advises that the foundations to the rear extension appear to be inadequate. There is an opportunity to take down the rear extension and rebuild thereby providing more living accommodation.
Access to the flat from the rear
Each flat provides as follows:
Bathroom 1.77m (5'10) x 1.53m (5'0)
Kitchen 1.6m (5'3) x 2.54m (8'4)
Living room 3.51m (11'6) x 3.31m (10'10)
Attic Bedroom 3.32m (10'11) x 3.51m (11'6)
The property has uPVC double glazed windows.
There is a electric heating
Vacant possession of the whole will be provided on sale completion.
The investment is available to purchase at £210,000
Further Information and Viewings
For more information or to view the property, contact Julie Sumner in our Commercial Property Department on Direct Line:[use Contact Agent Button] or by email [use Contact Agent Button] Viewing is by prior arrangement.
The EPC Rating of the shop is N/A (the shop is below 50 sq. m)
The EPC Rating of the flats are: 53a G:13, 55a (tbc)
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