Property of the Week - 2 The Circus, Spalding £245,000
FREEHOLD! Former Barclays Bank, centrally located in the market town of Holbeach. With easy access to Spalding and Boston Town Centre and the A17. The end terraced freehold property is arranged over two floors including the basement level. Ground floor retail unit with planning permission for two self contained flats and retail/office unit to the front. The property with be sold with vacant possession upon completion. First floor flat has been sold off with a long lease. The current accommodation comprises of:
Ground floor – hall, offices, women and gents toilets and kitchen.
Basement – bank vaults.
Planning permission has been granted by South Holland District Council – Planning reference: H09-0076-19 – Please see inside plans for conversion.
The former Barclays bank ground floor comprises of Banking hall, offices, ladies and gents toilets, kitchen and store room.
The basement comprises of banking vaults.
Planning permission has been granted by South Holland District Council - Planning reference: H09-0076-19 - Planning approved on 15th March 2019
The permission has been granted for conversion of the ground floor former bank (A2) to A1 retail use and x2 two bedroomed flats (C3).
RETAIL UNIT: The conversion for the retail unit is to the front of the unit with stairs down to the basement for toilets.
FLAT 1: (70 Square metres) Comprising of open plan living room and kitchen, two double bedrooms and bathroom - ACCESS is through the shared garden.
FLAT 2: (58 Square metres) Comprising of open plan living room and kitchen, two double bedrooms and bathroom - ACCESS is through the shared garden.
The first floor flat was sold off on a long lease of 125 years from 2004 at a peppercorn rent.
The rear garden is currently being used by the first floor leaseholder which is shared use. Emergency access from first floor to ground floor. Access to the rear garden from Church Walk to the side of the property.
To the rear of the garden is a single garage and parking space which is currently being let to the first floor occupier at a cost of £130 per quarter.
For location purposes the postcode of this property is: PE12 7DU
Freehold with vacant possession on completion.
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These particulars, whilst believed to be accurate are set out as general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has authority to make or give representation or warranty in respect of the property. These details are subject to change.