High Street, Highworth, SN6 7AQ

  • Guide Price £165,000
High Street, Highworth, SN6 7AQ

Overview

  • House, Terraced
  • Property Type
  • 5
  • Bedrooms
  • 1
  • Bathroom

what3words Logowhat3words Property Location: hacksaw.gazes.darling

Description

AUCTION GUIDE PRICE £165,000 – £175,000

AUCTION DATE: THURSDAY 8TH FEBRUARY 2024

*For auction terms and to download the legal pack please contact a member of the team*

Description / Location:

Presented to the market is this rarely available Grade Two Listed Freehold building situated within the heart of Highworth, Wiltshire.

The property which requires refurbishment and modernisation throughout, offers huge potential, and could be a superb property with the possibility of creating at least two apartments whilst retaining the commercial premises on the ground floor or by creating multiple occupancy housing to include five or six rooms (subject to Local Authority Planning Permission).

This 'mixed use' property is set over four floors with the layout comprising; entrance hall accessed from the High Street, commercial area currently used as a Barber shop with separate W.C (sink and toilet) there is then a further hallway with stairs to the first floor, a kitchen area with door leading to a rear courtyard. There is a further room and stairs to the cellar. The cellar comprises two large rooms with an adjoining area, cupboard and stairs.

To the first floor there is a landing area with stairs to the second floor there are three rooms and a shower room. To the second floor which is situated in the loft of the building (with limited head height) there are two further rooms.

There is rear access to the property accessed via a public footpath.

The area currently used as Barber Shop would be expected to generate an estimated £6,000 per annum in rental. The ground floor commercial space could be expanded to include the additional room at the rear, kitchen and cellar which has an estimated annual rental income of £8,000.

If the upper floors were converted to house 2x apartments (subject to planning permission) which could comprise a one bedroom flat on the first floor and a studio/1 bedroom apartment on the top floor these would be expected to generate a further annual income of £15,500 per annum combined.

Rateable Value: £6,400.00. (Note: Small business rates relief / exemption may be available).

For further information about the property, the auction process, and to arrange your internal inspection, please call or email the office on 01793 765292 / highworth@richardjames.uk

Floor Plans

Floorplan
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Description:

Contact Information

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Hugo Chapman

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