Retail premises for sale in Silver Street, Trowbridge, Wiltshire BA14, £500,000

500,000.00

Offer Nr.:
64480944
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
White & Sons
Phone(s):
01306 308476

* Rare opportunity to purchase a Grade II Listed property with potential (STPP).
* Excellent location just outside the centre of Trowbridge, situated on a secondary retail thoroughfare.
* Planning permission granted in January 2020 to convert the upper parts
Location
The property is located on a secondary retail thoroughfare within the town of
Trowbridge. Trowbridge contains a variety of independent and national
restaurants, retailers, as well as a large park in the town centre.
Trowbridge Train Station is located approximately 0. 8 miles distant to the
west of Pitman House and offers direct services to Bath Spa and Bristol Temple
Meads. It is approximately 1 hour and 40 minutes to London Paddington, with
one change.
The property benefits from good road connections, with the A361 being located
circa 0. 4 miles distant to the south and junction 17 of the M4 being situated
approximately 17. 9 miles distant to the north.
Description & Accommodation
The premises comprises a detached, brick - built, Grade II Listed property,
located in the heart of Trowbridge town centre.
The premises are currently configured into three sections. 9 Silver Street
comprises a ground floor retail unit with first and second floor ancillary
offices.
The frontmost ground floor section of 10 Silver Street provides an open plan,
vacant retail unit. The rear section of the ground floor along with the first
floor of 10 Silver Street provide vacant accommodation.
The premises have an approximate total net internal floor area of 4, 116 sq. ft
(382. 39 sq. m).
Potential
The property benefits from approved planning for conversion of the upper parts
to provide three flats, with an alteration to the ground floor to create a
storage room and front door with altered stairs to the first floor. The ground
floor is to remain largely unchanged.
Planning was approved on 31st January 2020. Application Reference Number:
19/10846/ful
Plans can be provided upon request.
We understand from the Historic England website that the property is Grade II
Listed.
Tenancies
9 Silver Street is let on a licence to the Shine Group at passing rent of
£22, 000 per annum exclusive.
10 Silver Street is currently vacant.
Terms
The freehold interest in the premises is available to purchase for ofers in
excess of £500, 000.
Subject to Contract
**VAT**
The above guide price is quoted exclusive of VAT if applicable.
Costs
Each party are to pay their own fees in relation to the transaction.
**EPC**
9 Silver Street – E (114)
10 Silver Street - E (106)
Council Tax
The Valuation Office Agency describes 9 Silver Street as ‘Restaurant and
premises’, with a 2017 Rateable Value of £17, 250.
The Valuation Office Agency describes 10 Silver Street as ‘Offices and
premises’, with a 2017 Rateable Value of £10, 000.
Viewings
Strictly by appointment with White and Sons.

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