*Guide | £320,000+ (plus fees)
- Commercial Development
- 8 Bedrooms
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Back to Back Mid Terrace Building Arranged to Provide Two Ground Floor Shops with Ancilllary Space on the Above Floors
The property comprises a back to back mid terrace building arranged to provide two ground floor shops with ancillary space on first, second and third floors. Plans have been drawn up to convert the upper floors to eight flats (7 x one bedroom, 1 x studio). No planning application has been submitted for this scheme. Drawings of the proposed plans are available for inspection upon request. Auction House London make no representations or warranties with regard to this scheme and/or the validity of the aforementioned plans. Buyers must rely on their own enquiries with regard to any development potential, permissions required and any previous planning history in respect of this site.
Tenure
Freehold
Location
The property is situated in Weymouth Harbour close to local shops and amenities. Nearby multiples include Tesco Express, Vodafone and Lloyds Bank. The open spaces of Weymouth Beach are within easy reach. Transport links are provided by Weymouth rail station.
Proposed Accommodation
Ground Floor Two Shops G.I.A. Approx 240 sq m First Floor Flat 1 - One Bedroom Flat Flat 2 - One Bedroom Flat Flat 3 - One Bedroom Flat Flat 4 - One Bedroom Flat G.I.A. Approx 239 sq m Mezzanine Floor Flat 5 - Studio Room G.I.A. Approx 38 sq m Second Floor Flat 5 - Bathroom Flat 6 - One Bedroom Flat Flat 7 - Reception Room/Kitchen & WC G.I.A. Approx 89 sq m Third Floor Flat 7 - Bedroom, Bathroom & Utility Room Flat 8 - One Bedroom Flat G.I.A. Approx 78 sq m Total G.I.A. Approx 684 sq m
The vendor has advised that the shops have an estimated rental value of £25,000 and £20,000 per annum per unit.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
