A fantastic opportunity to purchase an investment property with potential to develop in the heart of the popular market town of Ashby de la Zouch.
The property is located in the thriving market town of Ashby de la Zouch and benefits from an abundance of period buildings housing shops, bars and restaurants. Ashby de la Zouch is located on the Leicestershire/Staffordshire border and is well placed for commuting with the A42, A511 and A50 in close proximity, as well as the midlands motorway network including, M1, M6, M6 toll, M42, M5.
60 Market Street is a late 18th century / early 19th century Grade II listed three storey red brick building with a rusticated stone faced ground floor elevation. There is a pitched tiled clad roof with end chimneys.
It consists of a ground floor retail unit, first and second floor offices and a rear first floor section. There is an alleyway to the side of the property leading to the rear and access to the first and second floors.
The first floor has two office suites with a kitchen facility and toilet and on the second floor has two office suites a toilet and a shared kitchen facility.
To the rear is 60b, which consist of first floor accommodation with its own separate access. It consists of four rooms and a store room and is in need of refurbishment, and ideal for conversion to offices or residential.
Net Internal Areas:
Retail:896 sq ft
1st floor offices:403 sq ft
2nd floor offices: 413 sq ft
60b (1st Floor)651 sq ft
Total: 2,363 sq ft
We understand that the rear of the property, 60b, has had various planning applications submitted and passed in the last 10 years. This has included conversion to offices, and also to two residential one bed dwellings.
We believe there is potential for up to four dwellings at first and second floor to the front of the property.
The ground floor retail unit is currently let and one first floor office is let on a short term licence. The rest is vacant.
Please contact the agent to discuss this further.
We understand that the property benefits from mains water, electricity and drainage.
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 location, adequacy and availability of mains water, electricity, gas and drainage services.
Current Rateable Values:
Shop and Premises: £13,750
1st Floor Offices: £3,050
2nd Floor Offices: £2,125
Ground floor and rear EPC: TBC
First Floor Offices: E (109)
Second Floor Offices: E (115)
Strictly by appointment. Please contact Tori Whinder on 01530 877977 (option 2) or email@example.com
( Agency Pilot Software Ref: 2106 )