ADDRESS27-29 Long Street, Atherstone, Warwickshire
TYPERetail - High Street, Other, Retail, Other Property Types & Opportunities
TENUREUnder Offer, For Sale Freehold
POSTED ON14th December 2020
A fantastic opportunity to purchase a freehold retail and residential property in the centre of Atherstone.
Site totals 0.16 acres in all.
The site would be suitable for redevelopment subject to necessary planning consent.
The property is located on Long Street in the centre of Atherstone. The property is approximately 0.5 miles from the A5 and 5 miles from Junction 10 M42 allowing easy access to the local and national road networks and nearby towns including Tamworth and Nuneaton and cities including Birmingham and Coventry.
Distances Tamworth - 10 miles Birmingham - 21 miles Nuneaton - 6 miles M42 - 5 miles M69 - 9 miles M1 - 18 miles
The building is constructed of red brick and is rendered to the front with a pitched tile roof. The ground floor was formerly a Chinese Restaurant with a separate take-away collection area. The two floors above are laid out as storage and residential with a large amount of potential for development.
The ground floor comprises a large entrance/reception area which acts as the take-away collection area complete with counter and waiting area. To the rear is access to the kitchen area and food storage rooms. To the left is the restaurant area with a large glazed front of house window overlooking Long Street and WC facilities to the rear.
To the rear and accessed from the side of the building, is a large rear courtyard area providing ample off street parking.
Total NIA approximately 372.7 sq m / 4,012 sq ft
Guide Price £395,000
VAT Howkins and Harrison LLP stipulate that all prices are stated exclusive of VAT whether or not payable.
We understand the property currently benefits from A3/A5 uses to the ground floor, for restaurant and hot food takeaway.
The upper floors are storage and residential.
Local Authority North Warwickshire Borough Council on 01827 715341
The property is sold with vacant possession.
We are advised that all mains services are connected to the property, including mains water, sewerage, gas and electricity.
None of the services have been tested and purchasers should note that it is their specific responsibility to make their own enquiries of the appropriate authorities as to the adequacy of services.
The property has a rateable value of £10,380.
Energy Rating TBC
Strictly by prior appointment via the agents Howkins and Harrison on 01827 721380. ( Agency Pilot Software Ref: 2046 )