Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 1
Agent: Minors & Brady - Estate Agents -Oulton Broad Phone: 01502 392715
<p>Offered with vacant possession, this substantial mid-terraced mixed-use property presents an exciting opportunity for investors, developers and experienced renovators seeking a project with significant potential. Comprising a former ground-floor commercial unit and a self-contained two-bedroom flat above, the property requires a comprehensive programme of refurbishment throughout and is suitable for cash buyers only.</p><p>Having remained vacant for a number of years, both the commercial and residential elements now require extensive improvement works. However, the property's flexible layout and mixed-use configuration offer a range of possibilities for those looking to add value, generate rental income or explore alternative uses, subject to the necessary planning permissions and building regulation approvals.</p><p>The ground-floor shop extends to approximately 47 sq m and has historically served a variety of uses, including as a newsagent. The accommodation currently comprises a main retail area, office and store rooms, providing a blank canvas for refurbishment or potential reconfiguration.</p><p>Accessed independently via a side entrance, the first-floor flat offers two-bedroom accommodation and benefits from double glazing. The flat requires complete modernisation, including the installation of a new kitchen and bathroom, alongside a full scheme of updating and repair throughout. Existing accommodation includes a landing, sitting room, kitchen, bathroom, two bedrooms and a wooden balcony.</p><p>Outside, the property benefits from a front forecourt and an enclosed rear garden which is currently overgrown and in need of attention. There is also a wooden outbuilding and outside WC, while the rear offers potential for off-road parking, subject to the necessary consents.</p><p>The property may appeal to those considering conversion into residential accommodation, including the potential creation of two self-contained flats or a single dwelling, subject to obtaining the relevant permissions.</p><p><strong>Accommodation</strong></p><p>Ground Floor (Commercial Unit)</p><ul><li><p>Main shop area</p></li><li><p>Office</p></li><li><p>Store room</p></li></ul><p>First Floor Flat</p><ul><li><p>Entrance hall (ground floor access)</p></li><li><p>Landing</p></li><li><p>Sitting room</p></li><li><p>Kitchen</p></li><li><p>Bathroom</p></li><li><p>Two bedrooms</p></li><li><p>Wooden balcony</p></li></ul><p>Outside</p><ul><li><p>Front forecourt</p></li><li><p>Rear garden requiring clearance and landscaping</p></li><li><p>Wooden outbuilding</p></li><li><p>Outside WC</p></li><li><p>Potential for off-road parking (subject to the necessary consents)</p></li></ul><p><strong>Agents Note</strong></p><p>This property requires substantial refurbishment throughout. Due to the condition of the property, it is anticipated to be most suitable for cash buyers, developers and investment purchasers.</p><p>Prospective purchasers are advised that they must rely upon their own enquiries, investigations and professional advice before proceeding with a purchase. Any proposed changes of use, redevelopment, conversion, parking provision or other alterations are subject to the necessary planning permissions, building regulations approval and any other relevant consents.</p><p> <b>Disclaimer</b> </p> <p>Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with AML regulations, £52 is charged to each buyer which covers the cost of the digital ID check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.</p>
