Description -

Prominent town centre Retail / Showroom / Class E Business Unit premises available with vacant possession. Includes residential upper parts long leasehold investment for sale.

Investment Summary

The building comprises the freehold of the whole of this four storey building which comprises showroom accommodation on the ground floor, with six self-contained flats situated on the upper floors that have been sold off on long leases. The premises have a wide frontage with a return frontage to Exchange Street Car Park.

The showroom accommodation is currently made up of a number of smaller rooms used to display bathrooms but can be opened out to provide mainly open plan accommodation which would suit a variety of different uses subject to obtaining the necessary consents where required. There is extensive pay and display parking adjoining the property and each flat has a parking permit.

Vacant possession of the ground floor accommodation will be available on completion of a sale. The ground floor business unit is suitable for a variety of uses under Class E including restaurant/café, offices, educational, medical, crèches / day centres.

Accommodation -

The premises provide the following accommodation measured on an approximate gross internal area basis: -

Ground Floor Retail: 2,595 sq. ft / 241.08 sq.m

First Floor: 2 x 2 bedroom flats
Second Floor: 2 x 2 bedroom flats
Third floor: 2 x 2 bedroom flats

The six self-contained residential flats in the upper parts have all been sold off on long leases. Full details are available on request.

Terms -

Our clients seek offers of £450,000 plus VAT, if applicable for the freehold.

Rateable Value -

The Valuation Office indicates a Rateable Value as of 1st April 2026 of £12,000 for the ground floor premises. Rate in the £ for 26/27 is 43.2p. Business rates relief may apply.

Energy Performance Rating -

The EPC rating for this property is D-81.