A retail, restaurant and office freehold building for sale, purpose built in late 1980s with previous planning consent for a mixed use Residential and Commercial development.
Planning reference: 17/00974/FUL
The Property is located in a prominent position at the top of North Street, opposite the underground pedestrian route to the 900 space Festival Theatre car park.
The purpose built property, constructed in the late 1980s, provides 2 ground floor retail units ( A1 and A3 ) totalling some 1,500 sq ft and covered walkway of 1,055 sq ft with approx. 2,500 sq ft offices on first floor.
Parts of the property are Let on individual leases excluding the security of tenure provision of the Landlord and Tenant act 1954. The Property will be sold with vacant possession.
Method of sale
The Freehold Interest in the entire property is offered For Sale in one lot by private treaty.
Mains gas, drainage, electricity and water.
Wayleaves, easements, rights of way The property is sold subject to and with the benefits of all rights including rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements, quasi-easements and restrictive covenants and all existing or proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes,
whether referred to in these particulars or not.
Consent was granted for a ground floor commercial unit (A3 use class) with 5 residential apartments on the first and second floor. Ref: 17/00974/FUL
The property is elected for VAT and will be payable on the purchase price.