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    Key features

    • Of interest to investors & developers
    • Asset management opportunities
    • Planning permission granted for 3 shops on ground floor and 9 holiday lets above (ideal for AirBnB)
    • Well located within pedestrianised high street
    • Public car parking nearby
    • Large vacant retail unit with return frontage
    • Nearby occupiers include Boots, Vision Express and a number of other occupiers
    • VAT-Free Opportunity

    Description

    The property comprises a prominent ground floor retail unit totalling approximately 155.9 sq m (1,679 sq ft) which can be combined with the front High Street unit or split into into two or three separate units. The unit benefits from a large return frontage and faces onto Bemisters Lane. Internally, the ground floor provides sales area, kitchenette and WC facilities. The upper floors are extensive and provide further storage and office space. The upper floors total about 140 sq m (1,507 sq ft).

    Additional information

    Tenure

    Freehold.

    Tenancy

    Vacant.

    Planning

    Planning permission granted for 3 shops on ground floor and 9 holiday lets above.


    (23/00204/FULL) Erection of a first and second floor extension, external alterations including new windows and doors, alterations to shopfront, change of use of the rear ground floor and upper floors from retail (class e) to serviced accommodation (class c1 hotels) (conservation area).

    Notes

    VAT is not applicable.

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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.

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      EPC rating

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      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.

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