Property Description

*** Superb freehold unit in prime trading position with excellent potential to convert first floor accommodation to increase rent, subject to planning*** The property itself is a terraced retail unit of traditional brick and tile construction. Internally it provides open plan retail, storage, office and welfare over two floors, with additional storage in the basement. Potential to divide into two separate self contained units subject to necessary planning. Externally the property has customer parking and a separate garage/lock-up store with an area of approximately 499 sq. ft (46.36 sq. m), which was previously used for storage. There is also separate access to the first floor at the rear of the property. In our opinion there is significant potential to convert to a flat/apartment subject to obtaining the necessary planning consents The building is located on High Street in the Derbyshire market town of Swadlincote alongside a number of national occupiers, including Santander, Greggs, Boots, Coral, Clarks, Lloyds, B&M and Morrisons.

ACCOMMODATION

The property has been measured on a net internal area basis in accordance with the RICS code of Measuring Practice (6th edition).

Ground Floor Sales

1,256 sq.ft (116.68 sq.m)

Ground Floor Office

121 sq.ft (11.24 sq.m)

First Floor Sales

1,605 sq.ft (149.1 sq.m)

First Floor Kitchen

161 sq.ft (14.96 sq.m)

First Floor Office

72 sq.ft (6.69 sq.m)

Lock up

499 sq.ft (46.36 sq.m)

TOTAL

3,714 sq.ft (345.03 sq.m)

PLANNING

We understand that the property has the benefit of planning consent for Use Class E (Commercial, Business and Service), but it may be suitable for alternative uses subject to all necessary consents. Interested parties should confirm all planning information with the local authority (South Derbyshire Borough Council).

Note

Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

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