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Commercial Property for sale

Abbey Road, Bourne

Withdrawn from Market £160,000

Property Description

Full description

Tenure: Freehold

The property is situated on Abbey Road. From Bourne town centre turn onto Spalding Road (A151) and after approximately 250 metres, the property can be found on the left hand (North) side of Abbey Road.

The attached corner building is of brick construction with rendered walls, (it occupies a prominent position) and fronts directly onto the junction between Abbey Road and Hereward Street. The ground floor office accommodation includes a main open plan office with additional secondary office at the back of the unit. In addition, there is a lobby/kitchenette as well as a contained WC.
Planning permission has been granted by South Kesteven District Council to convert the ground floor premises to a self-contained flat (s16/1958).

The first floor flat is accessed via a separate door leading directly from Hereward Street. The staircase leading to the flat does contain a door leading to the back office of the ground floor accommodation although, this is locked as the flat is occupied by a separate party.

The flat is currently let at a rent of £495 per calendar month. The Assured Shorthold Tenancy commenced on 29th April 2006 for a term of 6 months and has been occupied by her solely since the commencement of the Tenancy. The rent does include all of the services as the ground and first floor accommodation services are shared. The tenant renting the first floor residential accommodation is responsible for paying any Council Tax relating to the residential premises.

Ground Floor:
Main Office: 20.96 m² (222 sq. ft.)
Rear Office: 12.25 m² (131 sq. ft.)
Kitchenette: 3.57 m² (38 sq. ft.)
Lobby: 2.27 m² (24 sq. ft.)
WC: 1.61 m² (17 sq. ft.)
These are approximate Net Internal Floor Areas.

First Floor:
Bathroom: 4.61 m² (49 sq. ft.)
Bedroom: 12.49 m² (134 sq. ft.)
Living Room: 11.60 m² (124 sq. ft.)
Kitchen: 9.45 m² (101sq. ft.)
These are approximate Net Internal Floor Areas.

The property benefits from mains electric, gas, water and foul drainage. The gas fired boiler is located on the ground floor, off the kitchenette, and serves both the ground and first floor accommodation. The remainder of the services are shared between the ground and the first floor premises and at present, the rent paid by the first floor residential tenant includes the services.

The property is offered for sale with a Guide Price of £160,000 (Subject to Contract). We do not believe that VAT is payable on the consideration for the sale of this property.

The Rateable Value of the unit is £5,400. The residential property is Council Tax Band A. Interested parties are advised to verify these figures directly with South Kesteven District Council.

VAT is payable on the consideration for the sale of this property.

Strictly by appointment only with R. Longstaff & Co Commercial - Bourne - 01778 420406

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