DESCRIPTION
The subject property is situated in Church Street which links the Thoroughfare with Market Hill and provides a mixed use investment opportunity in the town. The property comprises of a ground floor shop/office that is soon to be vacant, two flats let on assured shorthold tenancies and a ground floor office that is let. There are 4 car spaces with the property. The building is semi-detached of brick construction under a tiled roof and is Grade II listed.

TERMS
The property is offered freehold subject to the existing tenancies and offers are sought in the region of £725,000 (seven hundred and twenty five thousand pounds).

PROPOSITION
A fantastic opportunity for either an owner occupier or investor with opportunity to increase rental values.

ACCOMMODATION
The retail property is arranged over ground floor level with the following approximate floor areas:
Frontage: 10.61m 35ft
Depth: 6.66m 22ft
Sales Area: 94.8m2 1020sqft
Ancillary: 39.2m2 422sqft
Total Net Internal Area: 1346sqft

TENANCIES
Ground floor shop/office: Let at £24,000 per annum exclusive till December 2024.
2 Carlow Mews (flat): Let on an AST at £624 pcm.
4 Carlow Mews (flat): Let on an AST at £644 pcm.
6 Carlow Mews (office): Let at £4,800 per annum exclusive.

BUSINESS RATES
We understand that the property has the following rating assessment from 1st April 2024:
Rateable Value: £16,250.00
Rates Payable (24/25) £8,108.75
The above figures do not take into account any rates relief for qualifying occupier.

PLANNING
We understand that the property benefits from Use Class E and the flats are council tax band A but interested parties should make their own planning enquiries.