Retail Premises with Redevelopment Potential (STP) in Bridgwater

  • Tenure: For Sale
  • Area:291.91m² (3,140ft²)
  • Terms of Lease: Full Repairing and Insuring Lease for a term to be agreed
  • Price:  £225,000 – £250,000

Description:

Due to retirement of the owners, we are now marketing the well known ‘Lauries Furniture’ premises, situated on New Road and Watsons Lane with double fronted shop windows.

The property has been used as a retail store known as ‘Lauries Furniture’ for the past 20 years with the first floor areas being used for office and storage facilities.

The premises could continue to be used as a retail shop with storage above, but would also suit redevelopment, particularly of the upper floors.

The property is available for sale Freehold with vacant possession in light of the impending retirement.

Accommodation:

Access to the property is afforded through a door located on New Road, leading in to the retail area.

Previously, there had been a second door which would have led in to the property and up the stairs to the first floor but this was previously removed as it was surplus to requirements but could be reinstated, to create a separate access for the upper floors, if required.

The property benefits from first floor rooms, which are currently being used for storage but could be re-purposed subject to Planning, to create residential           apartment/flat  accommodation or to create offices etc.

Services:

Mains electricity, water and drainage are connected to the property.

Telephone lines would be available for connection subject to BT Regulations.

(We confirm that we have not tested any of the service installations and any purchaser must satisfy themselves independently as to the state and condition of such items.)

Method of Sale

The property is being sold by way of private treaty sale for the Freehold within Land Registry Title ST224888.