Key features
Rental of £15,000 per annum on the ground floor
Development opportunity with planning for residential conversion granted
Prominent corner position
Close to Strategic Town Centre Development at Deansgate Gardens
Central Location close to Town Centre Amenities
Description
The opportunity is to acquire a mixed use commercial property, with a tenant secured on the ground floor and planning consent for the conversion of the upper floors to residential apartments.
The property extends to 5,755 sq. ft over basement, ground, first, second and third (Attic) floors. Planning consent was granted at the end of 2023 for 5 apartments and a self-contained commercial unit on the ground floor. The upper floor accommodation comprises a 4, 1bed apartments and 1, 2 bed apartment, however work has yet to be started at yet on the conversion.
The ground floor is let to Cash Converters (UK) Stores Limited at an annual rental of £15,000 per annum further information regarding the lease can be provided upon request.