£900,000

For Sale

New

Status

For Sale

Area

4848 SQFT

Property Description

LOCATION

The property is located in arguably the most prominent position within Commercial Arcade. The Arcade itself is located immediately off the High Street and joins up with Market Square via a pedestrianised walkway. There are a number of high profile occupiers within the immediate vicinity including Marks & Spencer and Creasey’s Department Store, as well as numerous cafes and restaurants.

DESCRIPTION

8,10, 12 & 42 Commercial Arcade is a mixed- use five storey building. It has a retail unit on the ground floor, basement storage and 3 upper floors previously used as storage and offices. The upper floors are currently vacant and in need of refurbishment or conversion. The ground floor retail area has a triple fronted window display which is highly unusual and affords excellent prominence. It is currently partitioned into two units but has a consent to create an open plan area. Planning permission has also been granted to convert the upper floors into four residential apartments with separate access. There is a pending application to convert the 3rd floor into an additional apartment.

ACCOMMODATION

Basement 1,657 sq ft / 154 sq m

Ground Floor 1,200 sq ft / 104 sq m

1st, 2nd & 3rd Floor 1,991 sq ft / 185 Sq m

TOTAL – 4848 SQ FT / 450.39 SQ M

There is planning consent for the upper floors to be converted into five one-bedroom flats with independent access from the retail unit. Plans are available to view at our offices.

Services Mains water, electricity and drainage.

TENURE

Freehold.

LEGAL COSTS

Each party to bear their own legal costs and any other costs associated with letting this property.

ARRANGE A VIEWING

For further information and viewing are strictly by appointment.

Please contact Rock Commercial as the landlord’s agent: Mr Peter Van de Velde

Telephone: 01481 728559

Mobile: 07781 127210

Email: peter@rockcommercial.co.uk

Or

Alex Titheridge
Tel: 01481 728 559
Mob: 07839 189 680
Email: alex@rockcommercial.co.uk

Viewings are possible out of hours by prior arrangement.

Opening hours 8:00am- 5:00pm

Viewings out of hours by prior arrangement

Property Gallery

8,10,12 & 42 Commercial Arcade

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