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Floorplan
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    Key features

    • Of interest to investors and developers
    • A freehold detached property
    • Planning permission granted for the upper parts to be converted into four flats.
    • Forming part of a high street
    • Two ground floor retail units t/a Post Office and Barbershop
    • Ground floor flat let on an AST
    • Vacant upper floors and office space
    • Rear gated car park and external sheds with separate access
    • Investment partially let at at £35,070 p.a.

    Description

    A freehold detached property comprising two ground floor retail units, one ground floor flat and vacant upper floors.

    Planning permission granted for the upper parts to be converted into four flats.

    Benefitting from a rear gated car park and external sheds with separate access.

    Investment partially let at at £35,070 p.a.

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor - Pots Office, Hallway, One Bedroom Flat and Barbershop.

    First Floor - Eight Rooms, Storage, Toilet/WC, Kitchen and Landings.

    Planning

    Planning permission granted by West Berkshire Council for the following:


    24/00692/PACOU - Application to determine if prior approval is required for a proposed: Change of use of existing first floor Class E premises to 3no self-contained flats (Use Class C3).


    24/01360/FUL - Addition of two new dormers to the rear roof slope and two new roof lights to the front roof slope.


    24/02107/PACOU - Application to determine if prior approval is required for a proposed: Change of use of the existing roof space from Class E use to one flat (Use Class C3)

    Rent

    £35,070 pa.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack. 


    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      The property is located on the South side of High Street in the sought after town of Theale. The building forms part of the high street and benefits from footfall. Neighbouring occupiers include The Co-op and Coral as well as other independent shops, cafes and bars.

      Transport

      Theale - GWR

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums