
Commercial Development For Sale
An opportunity to purchase or let a commercial premise in a highly desirable location.
The existing property is a two storey commercial building which is currently used as a boutique café. We understand the property measures approximately 610 square feet and the designated use class is E (Commercial, Business and Service).
The property previously had planning permission granted in February 2016 for the erection of a mansard roof extension to form living accommodation in connection with the conversion of part of the ground floor café, and first floor into a maisonette. This planning permission has now lapsed, but we consider a similar scheme incorporating a 3 – 4 storey building may be feasible.
Offers are encouraged on a conditional or unconditional basis in excess of £750,000. The asset is held in a Special Purpose Vehicle (SPV) and as such a sale of the company can be arranged.
Additionally, the vendors will consider offers to let the premises in the region of £30,000 per annum.
Vacant possession will be provided and viewings can be arranged upon request.
For more information on this opportunity, please contact Latif Acisu at latif@cityandcounties.com or call us on 020 8106 8666.
Tenure: Freehold
No EPC available for this property
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