2 Priory Road, Wells, Somerset, BA5 1SY

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • Prominent position • Approval for change of use on the uppers • No VAT payable • Freehold property • Public parking close by.

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 41 High Street, Glastonbury, BA6 9DS

Full Description: A prominent investment or development opportunity within the heart of Wells in the form of a striking and imposing brick built Grade II Listed building arranged over three storeys with approval for change of use on the uppers. Currently comprising two ground floor retail units and an independent office suite on the first and second floor occupied by three separate tenants. The property can be available freehold with vacant possession, and the vendor has recently obtained prior approval for the change of use on the uppers from offices to two qty. one bedroom residential flats on the first and second floor respectively. Located within the centre of the city of Wells. Situated at the junction of Priory Road and Queen Street and a short distance from the principal High Street and nearby public car parking. Situated in a prominent position where Priory Road, Queen Street and Broad Street meet a level short walk to the main High Street. We understand the unit benefits from consent for Class E - Commercial, Business and Service type uses. However prior approval has been for change of use on the uppers to residential. Interested parties should satisfy themselves regarding any planning investigations. Currently separated into four hereditaments. Rateable Values (not rates payable). Shop 1 - £7,900. Shop 2 - £5,400. First Floor office £2,200. Part first floor and second floor £6,500. We understand the property benefits from connection to mains electricity, water and drainage. Services and appliances not tested.By appointment only through the sole agents Cooper and TannerWe understand that VAT is NOT payable on the purchase price.Prominent investment or development opportunity