Retail Premises with Upper Floors (potential conversion to residential use (STP)) in Woodseats area of Sheffield
The property is located on Chesterfield Road (A61) approximately just under 3 miles from Sheffield city centre. Chesterfield Road, Woodseats is a busy suburban location and commuter route to and from Sheffield city centre. There is a range of national and local occupiers in the area including Wetherspoons, Asda, Betfred, Dominos, etc.
The property comprises a mid terrace property over ground, first and second floor. The property was previously occupied as an estate agents. The property is of traditional brick and slate construction.
The internal accommodation includes a ground floor which provides a regular shaped sales area. There is a rear staircase which leads to the first floor; front room, rear kitchenette and WC. To the second floor there is a front and rear room. There is a basement area which has not been inspected.
The property is offered for sale on a Freehold basis with vacant possession.
Planning / Development Potential
The premises are understood to have A2 consent. Under the changes to the Use Class Order effective from 1st September 2020, we understand that these premises now benefit from an E class planning consent. This allows the premises to be used for the former A1 (retail), A2 (financial and professional), A3 (restaurant), B1 (offices), and D1 (clinics, health centre and day nursery) uses, without the need for a change of use.
From the 1st of August 2021, new permitted development (“PD”) rights (Class MA) came into force allowing for change of use from commercial, business and service use (Class E) to residential use (Class C3). We are of the opinion there is potential to separate the upper floors for residential use, however Interested parties are advised to seek their independent professional advice that their use is acceptable under these new changes.
£139,500. We are informed VAT is NOT payable on the purchase price. Best Offers are being sought by Tuesday 19th July 2022. Please enquire for further information.
Each party to bear their own legal costs incurred in this transaction.
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