No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£350,000
Added > 14 days

Residential development for sale

Market Place, Uttoxeter ST14
Save
Residential development
4 bed
0 bath

Property description & features

  • Tenure: Freehold
This unique mixed-use property spans approximately 250 square meters over three floors, offering a blend of commercial and residential spaces, ideal for investors or those looking to operate a business while residing on-site. The property does require renovation works throughout, but carries an abundance of potential.

The shop front benefits significantly from its prime Market Place location in Uttoxeter, a bustling area that attracts high foot traffic, making it an ideal spot for a retail business. This central position increases visibility and accessibility, drawing in both local customers and visitors.

Additionally, the presence of on-street parking directly in front of the shop is a major advantage. It allows for convenient unloading and deliveries, ensuring smooth business operations and enhancing the shopping experience for customers who can easily access the shop.

The property’s four residential units further enhance its value by providing a steady stream of rental income. These units cater to a range of tenants, from singles to small families, ensuring high occupancy rates. Combined with the commercial rent from the shop, the property offers substantial potential for generating a strong per annum income.

Ground Floor: -

Shop - Retail Space: The ground floor features a prominent retail unit with 87 square meters of space, perfectly suited for a variety of businesses. The front area is dedicated to a goods display, creating an inviting environment for customers. Towards the rear, there is a vendor area, allowing for efficient management of transactions and customer interactions. Access leads to a cellar on the lowest floor.

Storage and Facilities: The rear of the shop includes a storage room, providing ample space for inventory or back-of-house operations. Adjacent to this area is a WC, offering convenience for staff and visitors alike.

First Floor: -

Unit 1 - Accessed via an external entry, the first floor houses two residential units. The first unit comprises a kitchen, lounge/diner, and a bedroom, making it a cozy and functional living space. Notably, the bathroom facilities for this unit are separate and located within the communal entry area of the first floor. This bathroom currently features a WC and sink unit only, as the bath has been removed.

Unit 2 - The second unit on this floor offers a more expansive living arrangement, including a large living/dining space, a well-appointed kitchen, a bathroom, WC, and a bedroom. This unit is self-contained and provides a comfortable and practical home.

Second Floor: -

Unit 3 - A staircase from the first-floor landing leads to two additional units on the second floor. Unit 3 is situated at the front of the building, featuring a kitchen, lounge/diner, and bathroom. This unit enjoys a bright and airy atmosphere due to its positioning and layout.

Unit 4 - The fourth unit is the largest of the residential spaces, offering a spacious living/dining area, a modern kitchen, a bathroom, WC, and a bedroom. This unit is in good condition and provides an excellent opportunity for a more luxurious living experience.

Property information from this agent

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    Property reference 33368565. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Abode Estate Agents - Tutbury.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on September 19, 2024

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on September 19, 2024

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.