Summary - 17, EAST STREET CO1 2TR
1 bed 1 bath Shop
Large historic premises with conversion potential, sold by livestream auction.
Substantial Grade II Listed premises with character
Large accommodation c.937 sq ft plus basement; conversion potential (STPP)
Requires full renovation; boarded windows, cracked walls and basement damp
Basement: exposed beams, low ceiling, unfinished concrete floor
Potential parking for several cars on-site (subject to confirmation)
Sold freehold at livestream auction; guide price £100k–£150k
Buyer’s premium £1,500 and admin fee £1,200 payable on exchange
Located on town edge; area deprived and local crime rated very high
A substantial Grade II Listed shop with large accommodation and vacant possession, offered for sale by livestream auction. The building has historic character and flexible space previously used as retail, offices and a flat above. With nearly 937 sq ft, a basement and a large plot, the premises present clear conversion potential subject to necessary planning permission (STPP). Potential parking for several cars adds practical value for future uses.
The property is sold freehold but requires comprehensive renovation throughout: boarded windows, cracked walls, damp and exposed beams in the basement, low ceiling heights below, and generally derelict finishes. Listed status will restrict changes and will require specialist consent and additional cost. There are transaction costs to note: an administration fee and a buyer’s premium payable on exchange — check the legal pack for full disbursements.
Positioned on the eastern edge of the town centre, the site benefits from nearby schools, transport links and local amenities. The surrounding area scores as deprived with very high local crime statistics — an important consideration for some occupiers. Offered at a guide price of £100,000–£150,000, this is a competitively priced auction opportunity aimed at experienced investors, developers or builders able to manage listed-building works and secure planning consent.
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