Town Area
Ref: G2587
£2,800,000
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At a Glance
- Roof terrace
- Freehold building
- Ideally located in the centre of town
- Two commercial premises
- Full vacant possession
Specifications
- Beds: 7
- Baths: 3
- Terrace area: 69m2
- Living Area: 366m2
Description
Opportunity to purchase a 435sqm freehold building which had Outline Planning Permission to build one and a half additional floors. The property is ideally located at the entrance to Main Street. Features within the building include marble floor entrance hallway, large rooms, high ceilings and roof terrace.
The residential floors are currently divided into two separate apartments and are occupied by the landlords but will be sold with full vacant posession.
1ST FLOOR APARTMENT comprises: 3 bedrooms, bathroom, kitchen, living/dining room and private patio.
2ND & 3RD FLOOR DUPLEX APARTMENT comprises : LOWER FLOOR: 2 bedrooms, dining room, kitchen, living room and bathroom. UPPER FLOOR: 3rd bedroom, cloakroom, external store room and direct access to the roof terrace.
The property further affords two commercial premises on the ground floor totalling 93sqm with 9 year term leases and 3 yearly rent reviews. Current total annual income of £57,700.
The property has potential to be re developed into a residential building and converting it into seven 1 bedroom apartments and a 45sqm studio apartmets. It can also remain as a large family home. Viewing is highly recommended.
0 | 494m2 | Building