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Investment Property With Converted Annexe - Potential 9% Yield
Annexe to Rear Conversion Opportunity (Subject to Planning)
Modernised Shop in Town Centre Location
Substantial Three Bedroom Accommodation
Private Parking for Several Vehicles
Substantial investment property with development potential in Batley for Sale.
A superb opportunity to acquire a substantial town centre commercial premises comprising shop, three bedroom living accommodation with conversion opportunity of stone built annexe to the rear with garage and private parking for several vehicles. The property represents a tremendous opportunity for any buyer, be it a property investor looking for an excellent rental return from ground floor retail premises, substantial three bedroomed flat and an outbuilding suitable for all manner of commercial or residential uses, or someone simply looking for retail premises with large private owners accommodation and the potential to draw rental income from the additional building to the back. The retail space retail space is suitable for any manner of business and there is huge scope to develop more opportunities from the large outbuilding / workshop to the rear of the property. This really is a very unique property and must be viewed to fully appreciate the excellent value for money this sale represents. The property is a stone built, mid-parade property, single fronted ground floor retail shop, with double wide first and second floors. Internally the property briefly comprises: Ground floor lock-up retail premises, deceptively spacious and currently being operated as a hair and beauty salon with reception, nail bar, four styling stations, two backwash stations, staff toilet and kitchenette. There is an un-utilised basement. Separate entrance and stairs leading to an outstanding private residence over first and second floors. The residence briefly comprises on the first floor; an open plan dining room with feature fireplace and patio door leading to a large secluded outdoor terrace. Open plan, fully fitted kitchen, a large reception room with doors to a study / home office. A further bedroom / study. Stairs to spacious main bedroom suite, a luxuriously appointed house bathroom and further guest bedroom. To the rear of the main property is a separate outbuilding with private driveway access. The outbuilding is of stone construction and incorporates a large double garage with an open plan workshop / studio above it. The workshop has its own bathroom with shower and toilet and could easily be converted into a self-contained studio flat. Plans were approved to convert this building into a two-bedroomed house, but these plans have since expired. The plans exist and are available should a new owner wish to re-apply for planning permission. EPC Band C.
For more information about this property, please contact Ernest Wilson, LS27 on +44 113 482 9940 * (local rate)
Contact Ernest Wilson about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ernest Wilson, and do not constitute property particulars. Please contact Ernest Wilson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.