Property Summary
The property comprises a ground floor retail premises within a small established retail parade, close to Eastwood School . . It is currently used as a flooring showroom by our client but would suit a variety of other A1 retail uses. The long leasehold will contain a restrictive covenant which will not allow the premises to be used for catering.Alternatively the premises did have consent for use as a private dwelling and consent was granted in August 2012 to convert from C3 to A! , under planning reference 12/00793/FUL and the property may be suitable for conversation back to a residential flat. . We are advised that the ground floor does have its' own services.
It is immaculately presented and an internal inspection is recommended.
Full Details
LOCATION
The premises are located within a small local shopping parade close to Eastwood School.
DESCRIPTION
A ground floor retail premises (previously with planning as a flat)
ACCOMMODATION
SHOP 19'2" x 14'2"
REAR ROOM / LOUNGE 13'6" x 12'2"
KITCHEN 6'4" x 6'9" Plumbing for washing machine and dishwasher
SHOWER ROOM 6'4" x 6'9" Walk in shower, w.c. and wash basin.
EXTERNALLY
FORECOURT TO FRONT - 12'8" deep
SERVICES
Mains electricity and water
TERMS
£145,000 is required for a new 999 year ground lease at a fixed ground rent of £100 per year. The lease will provide for the freeholder to insure.
VAT
The rateable value is £5,700 which is chargeable at 49.1p. in the pound for the rating year to April 2020. Small business rate relief may apply.
LEGAL COSTS
Each party to be responsible for their own legal costs.
SERVICE CHARGE
No applicable
PLANNING
A1 retail use