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A Mixed Use Building Arranged to Provide Two Ground Floor Retail Units and a First Floor Two Bedroom Flat. Part Let Producing £8,400 Per Annum. Offered with Planning Permission for a Three Storey Extension to Provide Two Ground Floor Shops and Seven Residential Units Above.
The property comprises a mid terrace mixed use building arranged to provide two ground floor shops and a first floor two bedroom flat.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Haverhill Recreation Ground are within easy reach. Transport links are provided by the M11 to the west.
Planning
West Suffolk Council granted the following planning permission (ref: DC/22/1541/FUL) on 14th November 2022: 'Planning application - a. changes to existing ground floor retail units b. three storey extension above existing retail units to provide seven residential units (following demolition of existing first floor residential unit)'.
Proposed Accommodation
Ground Floor Two Retail Units First Floor 3 x One Bedroom Flats Second Floor 2 x Two Bedroom Flats Third Floor One Bedroom Flat Two Bedroom Flat
Tenancy
The first floor flat is subject to a Periodic Tenancy commencing 1st January 2021 at a rent of £700 per calendar month.
Energy Efficiency Rating (EPC)
Current Rating C
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 £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.