Guide Price £45,000+. Commercial offices. Rateable Value £3800. Small business relief 2024/25 £2135.60. Parking at the rear possible in the alleyway. Redevelopment opportunity STP.

Guide Price £650,000. Freehold Blue Chip Convenience Store Investment. The site extends to 18,680 square feet. With dual customer access from both the front and rear of the property. Let to until February 2030. The property is arranged on a ground floor only. Current passing rent of £99,588 per annum with fixed increase to £112,765 in February 2025.

The accommodation comprises two commercial units to the ground floor, with both units providing staircase access to the upper floors. The upstairs provides additional rooms that historically have been used for office space/storage. The current owners have had an extensive appraisal undertaken by an architect for the redevelopment of the property. Architect’s plans have been drawn for a single commercial unit on the ground floor with flats above, these plans support a pre-application for planning consent and can be found within the legal pack.

This high yielding commercial investment is occupied as the main collection, sorting and distribution centre with extensive accommodation on two floors. It has air conditioning, central heating, double glazing and a goods lift together with access to the rear for deliveries. The property is let at a rental of £17,500 p.a. for a term of 10 years from 26/7/16 on FRI terms subject to a break clause.