MapRetail property (high street)
Retail property (high street)
13,890 sq ft / 1,290 sq m
Features and description
- Tenure: Freehold
- For sale as a vacant freehold property with conversion potential
- Ground floor retail: 1,290 sq m (13,890 sq. ft)
- Site area 0.3ha or 0.8 acres
- Ground floor retail with post office
- Three first floor apartments
- Apartments have private access
- Car parking at rear of property
- Walking distance to train station
- Close to local high streets
- Unconditional offers invited
Description
For lease or sale (freehold) this retail unit is available with storage on the ground floor and an additional three self-contained, two-bedroom residential apartments on the first floor. The apartments also include their own access off Market Street.
The property is a prominent feature in the village fronting out onto Market Street with a set back entrance store and car parking to the rear of the property. The first-floor apartments and ground floor post office will be vacant upon completion. The property is a two-storey building, comprising of a retail unit and storage to the ground floor and three self-contained, two bedroom residential flats to the first floor, with an independent entrance off Market Street. The building is the dominant retail property in the village. It has a prominent frontage onto Market Street and set back store entrance. The title includes a car park situated to the rear of the building.
The property is available either To Let or the freehold sold with vacant possession in its current condition. It occupies the extent of the Land Registry Title SF526477. There is a covenant that requires public access to the rear of the car park identified on the title plan and the ProMap shaded blue. Furthermore, a private car park to the Mill Street entrance is accessed via the Co-op land. It is yet to be identified and confirmed on the land registry as to the ownership of the private car park. We are not aware of any formal or informal arrangement.
The first floor living accommodation and post office will be vacant upon completion.
Location
The property is located on Market Street in Penkridge in South Staffordshire. It is approximately 10 miles from Wolverhampton City Centre and 7 miles from Stafford Town Centre. The Town Centre is within walking distance of the train station.
The property is situated within an expanding residential area with newly completed developments. As well as having a retirement home, there are several pubs, a church, nursery and a school all located in the village. The property is on the local high street which features several hairdressers, estate agents, antiques shop and haberdashery.
Viewings
All parties wishing to inspect the property are required to make prior arrangements with Avison Young. It is intended that a number of viewing days will be arranged during the marketing period.
Services and Planning
There is a covenant that requires public access to the rear of the car park identified on the title plan and shown on the shaded blue area of the map. A private car park to the Mill Street entrance is accessed via the Co-op land. The ownership of the private car park is yet to be identified and confirmed on the land registry. Avison Young is not aware of any formal or informal arrangement.
Main services are available at the property though purchasers should check for themselves the capacity and sustainability.
The property is not within a Conservation area.
A high-level planning summary review was conducted in 2022.
Any change of use and redevelopment would be subject to planning permission.
Other Information
For lease or sale (freehold) this retail unit is available with storage on the ground floor and an additional three self-contained, two-bedroom residential apartments on the first floor. The apartments also include their own access off Market Street.
The property is a prominent feature in the village fronting out onto Market Street with a set back entrance store and car parking to the rear of the property. The first-floor apartments and ground floor post office will be vacant upon completion. The property is a two-storey building, comprising of a retail unit and storage to the ground floor and three self-contained, two bedroom residential flats to the first floor, with an independent entrance off Market Street. The building is the dominant retail property in the village. It has a prominent frontage onto Market Street and set back store entrance. The title includes a car park situated to the rear of the building.
The property is available either To Let or the freehold sold with vacant possession in its current condition. It occupies the extent of the Land Registry Title SF526477. There is a covenant that requires public access to the rear of the car park identified on the title plan and the ProMap shaded blue. Furthermore, a private car park to the Mill Street entrance is accessed via the Co-op land. It is yet to be identified and confirmed on the land registry as to the ownership of the private car park. We are not aware of any formal or informal arrangement.
The first floor living accommodation and post office will be vacant upon completion.
Location
The property is located on Market Street in Penkridge in South Staffordshire. It is approximately 10 miles from Wolverhampton City Centre and 7 miles from Stafford Town Centre. The Town Centre is within walking distance of the train station.
The property is situated within an expanding residential area with newly completed developments. As well as having a retirement home, there are several pubs, a church, nursery and a school all located in the village. The property is on the local high street which features several hairdressers, estate agents, antiques shop and haberdashery.
Viewings
All parties wishing to inspect the property are required to make prior arrangements with Avison Young. It is intended that a number of viewing days will be arranged during the marketing period.
Services and Planning
There is a covenant that requires public access to the rear of the car park identified on the title plan and shown on the shaded blue area of the map. A private car park to the Mill Street entrance is accessed via the Co-op land. The ownership of the private car park is yet to be identified and confirmed on the land registry. Avison Young is not aware of any formal or informal arrangement.
Main services are available at the property though purchasers should check for themselves the capacity and sustainability.
The property is not within a Conservation area.
A high-level planning summary review was conducted in 2022.
Any change of use and redevelopment would be subject to planning permission.
Other Information
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