Restaurant for sale

Quantock Parade, North Petherton, Bridgwater TA6


£47,500
S.O.A.

Description

- Prominent Location within town centre.
- Hairdressing salon within Use Class E therefore suitable for retail, financial & professional services, clinic and other uses.
- Potential for conversion to residential subject to planning.
- Total 359 sq ft. Including staff room, store, kitchen & WC.

Location
The property fronts Quantock Parade adjacent to Fore Street and just off the A38 in North Petherton located approximately 2 miles south of Bridgwater and 5 miles north of the county town of Taunton.

Description
The premises comprises a ground floor lock up shop currently used as a hairdressing salon with a small staff room, a store, a kitchen and a WC to the rear. The premises have a glazed shop front and can be reconfigured internally to suit requirements.

Planning
The property is within Use Class E including retail, financial and professional services, clinic and other commercial uses.

Prior to 1982, when the long leasehold interest was purchased by our clients and the Use changed to A1, the premises had planning consent as a residential flat. Other premises within this development have residential consent and are used for this purpose. We believe the property has potential to be similarly converted into a flat subject to the usual consents.

Accommodation
Sales 21.25 sq m. 229 sq ft.
Staffroom 5.59 sq m. 60 sq ft.
Store 2.86 sq m. 31 sq ft.
Kitchen/WC 3.58 sq m. 39 sq ft.
Total: 33.28 sq m. 359 sq ft.

Business Rates
The current rateable value is £3,500 per annum.
Small Business rates relief of up to 100% is available to some occupiers where premises have rateable values less than £15,000 per annum.

Energy Performance Certificate
The property has an energy asset rating of E105. A full copy of the EPC is available upon request.

Terms
The long leasehold interest is available for sale at a guide price of £47,500.

The lease, which was originally drawn with a term of 125 years from 29th September 1979, has approximately 83 years remaining. The ground rent is currently £75 per annum.
VAT

We are advised the property is not registered for VAT, therefore VAT will be not be payable on the purchase price.

Viewing
Strictly by appointment with sole agents:-
Duncan Brown & Joseph Hughes
Greenslade Taylor Hunt
9 Hammet Street, Taunton, Somerset, TA1 1RZ
Email: /
Telephone:

Categories

Restaurants
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Property reference
CP_8A287E2040_127