A semi-detached former residential building that has been used as Barclays Bank for over 20 years. Now in need of complete refurbishment it offers two options; to be kept as a commercial property or to convert back to a residential property (STPP).
Their is retail space to the ground floor with a further separate room to the rear. Upstairs provides further ancillary and storage space by way of two rooms, WC and large landing with small kitchenette area. Externally there is dedicated off-street parking, wheel chair ramp and gardens to the side and rear aspect. We are informed that the current Rateable Value is £4,950 p.a.
This building could be converted back to being a residential home, subject to obtaining the necessary permissions. The vendor has advised us that after initial discussions with BANES planning they would look at this favourably. This would offer the possibility of re-configuring internally to provide sitting room, dining room and kitchen on the ground floor with three bedrooms and a bathroom to the first floor. Additionally you could look to extend to the rear, two storey extension to the side aspect and perhaps a loft conversion to provide further accommodation. The rear already has a single storey half width extension to it. A number of houses in the immediate vicinity have been extended in this manner. Externally the gardens encircle the house with dedicated off-street parking to the front aspect.
You will have to pay £8,000.00 in Stamp Duty.
Your effective stamp duty rate is 2.22%.
The property is VAT exempt.
Standard broadband: Up to 17Mb (estimated speed: 5.5Mb) Fibre optic broadband: Up to 76Mb
This property is marketed by TYNINGS Ltd as a sole agent and viewings are strictly by appointment only. All viewings are accompanied and by prior arrangement. Please contact Ben to arrange a viewing.
TYNINGS, their clients and any joint agents give notice that: They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning; building regulation or other consents and TYNINGS have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.