Key features
- Freehold investment / development opportunity
- Detached three-storey freehold building
- Ground floor commercial unit (former Salvation Army premises) under Use Class F1 - currently let on a short-term licence with vacant possession on completion
- Planning consent granted to convert ground floor into a 3-bedroom flat
- First floor comprises a 2-bedroom flat, let on AST at ï½£950 pcm
- Second floor comprises a flat sold off on a 99-year lease from 2004 (approx. 77 years unexpired)
- Lease extension currently under negotiation, with any premium to benefit the incoming purchaser
- No VAT
Description
Detached three-storey freehold building
Ground floor commercial unit (former Salvation Army premises) under Use Class F1 - currently let on a short-term licence with vacant possession on completion
Planning consent granted to convert ground floor into a 3-bedroom flat
First floor comprises a 2-bedroom flat, let on AST at ï½£950 pcm
Second floor comprises a flat sold off on a 99-year lease from 2004 (approx. 77 years unexpired)
Lease extension currently under negotiation, with any premium to benefit the incoming purchaser
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