Prime Town Centre Retail Opportunity with Planning Permission for two bedroom apartment
Description
A rare opportunity to acquire a freehold property in a central town centre location with associated parking. Currently arranged as a lock-up shop at ground floor with a stair up to associated storage and kitchen / toilet facilities over part of the first floor. There is a separate and generous stair accessed from the rear of the property leading to the other part of the first floor which has independent offices, with further kitchen and toilet facilities.
There is planning permission dated July 2025 to convert the whole of the first floor into generously proportioned residential accommodation whilst retaining reconfigured retail accommodation at ground floor. Under the granted Planning consent, the first floor would be transformed into a spacious apartment with open plan kitchen / dining / living space together with two generous bedrooms and a large family bathroom. The apartment and commercial spaces are fully separated but together, could offer and excellent life / work arrangement.
Additional benefits include one parking space and some outdoor space to the rear, making this an ideal investment or owner-occupier property in a prime town centre location.
Ground Floor Lock-up retail shop (currently formed from two original dwellings), kitchen and toilet facilities, first-floor storage area, independent access to the first-floor offices
First Floor Two separate sections currently:
Side A: Open-plan layout with stairs from rear, kitchen, and toilet off the landing
Side B: Two rooms and a toilet, separated by a solid wall
Outside One allocated parking space, some outdoor space to the rear.
Planning Change of use of former first floor office into residential, including internal alterations to form first floor residential unit and to facilitate relocation of retail ancillary space to ground floor has been approved by North Herts Council under reference 25/01333/FP.
VAT Please note that VAT is applicable to this lot.
Tenure: Freehold
EPC Rating: D
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
1.25% inc VAT of the purchase price, payable on exchange of contracts.
Administration Charge
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
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- Unconditional (Immediate Exchange)
Call the team on 01603 505 100 for more information
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