Commercial Development For Sale

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An opportunity to purchase or let a commercial premise in a highly desirable location.

The existing property is a two storey commercial building which is cu
recently used as a boutique café. We understand the property measures approximately 610 square feet and the designated use class is E (Commercial, Business and Service).
The property previously had planning permission granted in February 2016 for the erection of a mansard roof extension to form living accommodation in connection with the conversion of part of the ground floor cafe, and first floor into a maisonette. This planning permission has now lapsed, but we consider a similar scheme incorporating a 3 – 4 storey building maybe feasible.

Offers are encouraged on a conditional or unconditional basis in excess of £750,000. The asset is held in a Special Purpose Vehicle (SPV) and as such a sale of the company can be arranged.

Additionally, the vendors will consider offers to let the premises in the region of £30,000 per annum.

Vacant possession will be provided and viewings can be arranged upon request.