Large mixed-use freehold with planning consent and strong retail position.
Ground-floor retail approx. 154.30m2 (1,660 sqft)
Additional storage c.55.32m2 (596 sqft)
Seven-plus bedrooms above; only one bathroom
Planning consent for two retail units and two apartments (P/2020.0404)
Freehold with vacant possession; EPC B (45)
Broadband speeds very slow; may limit modern renters
Located in a very deprived area; rental profiles may be affected
Cavity walls assumed uninsulated; refurbishment likely needed
A substantial mixed-use freehold in St Marychurch, offered with vacant possession and substantial scope for income or owner occupation. The ground floor provides generous retail space (approx. 1,660 sqft) plus a sizeable 596 sqft storage area, with seven-plus bedrooms above and a single bathroom — a rare amount of residential accommodation in this precinct. Planning consent (P/2020.0404) already permits two retail units and two apartments above, simplifying conversion for investors or developers.
The property occupies a commanding corner position at the entrance to the pedestrianised shopping precinct, close to Co-operative and Sainsbury’s Local and a variety of traders that serve this busy suburban catchment. The building dates from the 1930s–1940s with Victorian-style commercial frontage and double glazing fitted after 2002. Heating is via mains gas boiler and radiators; EPC B (45).
Practical considerations: the building sits in a very deprived local area which may affect rental levels and tenant profiles. Broadband speeds are very slow, and external cavity walls are assumed uninsulated, so energy improvements and internal upgrades are likely required. The current layout has just one bathroom and will need adaptation to deliver the two apartments consented or to increase residential comfort.
This opportunity suits investor/developer buyers seeking an immediately workable site with planning in place, or an owner-occupier wanting sizable combined retail and residential accommodation. The price reflects the building’s scope and condition; buyers should allow refurbishment budget to improve energy performance, broadband connectivity and internal fittings.
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