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Residential Development for sale

17, Fore Street, Lostwithiel, Cornwall

Offers Over £225,000
3,634 sq. ft.

Property Description

Key features

  • RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE (SUBJECT TO PLANNING)
  • 2 X GROUND FLOOR RETAIL UNITS
  • TOTAL 3634 SQ.FT (341.54 SQ.M)
  • GRADE II LISTED
  • PERIOD PROPERTY IN TOWN CENTRE LOCATION
  • EPC RATING E

Full description

Residential development opportunity for sale. Attractive period property, currently providing 2 ground floor retail units and extensive upper floors, a rear garden and outbuildings, ideally suited to a residential development scheme (subject to the necessary consents).

Location - Lostwithiel is an historic town in Central Cornwall situated at the head of the estuary of the River Fowey. It has a station on the main London to Penzance Rail line and the arterial A390 connecting Devon and Cornwall passes through its centre. The town's main retail high street is Fore Street which consists of a mix of local boutiques, convenience and antiques shops.

Description - The property is an impressive, Grade II Listed building providing accommodation over three floors. The ground floor comprises 2 retail units with associated welfare facilities which were previously occupied by a bank. The first and second floors are currently accessed from the front of the property (and fire escape stairs to the rear) and provide extensive self-contained ancillary accommodation which would ideally suit residential conversion (subject to planning). There is a large garden along with outbuildings and garage to the rear that can be accessed via Guildhall Lane. This would also be well suited to a residential conversion and parking area (subject to planning).

Residential Conversion - Our client has prepared indicative layouts for the conversion to of the 1st and 2nd floors in to 3 apartments and the garage in to a dwelling (subject to planning and the necessary consents). Further details available upon request..

Schedule Of Accommodation - The property comprises the following approximate floor areas:
THE FLOOR AREAS ARE AS FOLLOWS
Ground Floor 1362 sq ft (123 sq m)
First Floor 1279 sq ft (119 sq m)
Second Floor 785 sq ft (73 sq m)
Garage/Outbuildings 262 sq ft (24.4 sq m)
Total 3634 sq ft (342 sq m)

Copies of the title plan & ground floor plan available by request.

Price - Unconditional offers in excess of £225,000 are invited for the freehold interest with vacant possession.

Legal Costs - Each party to bear their own legal costs.

Use Class - The Permitted Use and restrictions; that its use must fall within Class A2 of the Schedule to the Town and Country Planning (Use Classes) Order 1987.

Business Rates - From information provided by the Valuation Office website we are informed that the current rateable value of the property is £9,000 and the Rates Payable are £4,311.00. The UBR for 2017/2018 is 47.9p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.

Value Added Tax - VAT will not be payable on this property.

Energy Performance Certificate - The Energy Performance Rating for this property is within Band E.

Contact Information - For further information or an appointment to view please contact either:-
Mike Nightingale on 01872 247008 or via email msn@miller-commercial.co.uk or
Thomas Hewitt on 01872 247025 or via email th@miller-commercial.co.uk

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.


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