The property comprises a two-storey period office building fronting the High Street with purpose-built two-storey office extensions. A large car park is to the rear. Currently run as a partially managed business centre, it has impressive occupancy rates and the potential to improve rental income.
The overall net internal floor area is 308.07 m2 (3316 ft2) plus reception area, circulation space and WC and kitchen facilities. Floor areas provided by our clients.
The building would suit alternative uses, including residential in whole or part, subject to planning. Permitted Development was confirmed on 23/12/16 for residential.
TENANCIES
The property is let on a number of excluded tenancies to various office tenants, with a current income of circa £80,000 p.a. with two suites vacant. Details on request. No lease is for longer than 2 years.
Guide Price £1 million for the freehold interest in the building with the benefit of the tenancies.