Retail Premises with Upper Floors (potential conversion to residential use (STP)) in Woodseats area of Sheffield

Key Points

• Former Estate Agents office - suitable for a variety of uses
• Three storey property requiring refurbishment
• Popular shopping area and residential area in Woodseats, Sheffield
• Potential to convert upper floors to residential use (STP)
• Of interest to occupiers, investors and developers

Description

The property comprises a mid terrace property over ground, first and second floor. The property was previously occupied as an estate agents. The property is of traditional brick and slate construction.

The internal accommodation includes a ground floor which provides a regular shaped sales area. There is a rear staircase which leads to the first floor; front room, rear kitchenette and WC. To the second floor there is a front and rear room. There is a basement area which has not been inspected.

Location

The property is located on Chesterfield Road (A61) approximately just under 3 miles from Sheffield city centre. Chesterfield Road, Woodseats is a busy suburban location and commuter route to and from Sheffield city centre. There is a range of national and local occupiers in the area including Wetherspoons, Asda, Betfred, Dominos, etc.

Tenure

The property is offered for sale on a Freehold basis with vacant possession.

Planning / Development Potential

The premises are understood to have A2 consent. Under the changes to the Use Class Order effective from 1st September 2020, we understand that these premises now benefit from an E class planning consent. This allows the premises to be used for the former A1 (retail), A2 (financial and professional), A3 (restaurant), B1 (offices), and D1 (clinics, health centre and day nursery) uses, without the need for a change of use.

From the 1st of August 2021, new permitted development (“PD”) rights (Class MA) came into force allowing for change of use from commercial, business and service use (Class E) to residential use (Class C3). We are of the opinion there is potential to separate the upper floors for residential use, however Interested parties are advised to seek their independent professional advice that their use is acceptable under these new changes.

Price

£139,500. We are informed VAT is NOT payable on the purchase price.

Legal Costs

Each party to bear their own legal costs incurred in this transaction.

Viewing Arrangements

For further information or accompanied viewings, please contact the agent:
Francois Neyerlin
Telephone: 0114 281 2183
Email: francois.neyerlin@smcommercial.co.uk

Viewings strictly via appointment with the agent only.

Identity Checks

In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser.