Studio flat for sale

A fantastic opportunity to acquire a substantial, both commercial and residential property, with full frontage to Retfords heavily pedestrianised town square, and a great prominence for potential passing trade. Set over two storeys, the large retail area measuring in excess of 2281 sq ft. sees a shop floor, kitchen, disabled toilet facilities and an ample storage area, with a versatile seating zone, further storage space, staff room and additional toilet facilities to the rear of the first floor. The second floor boasts a residential area in a TWO BEDROOM apartment briefly comprising of an entrance hall, kitchen diner, lounge, master bedroom, further single bedroom and a family bathroom, and is in need of restoration- Please refer to floorplan 1. PLANNING PERMISSION HAS BEEN GRANTED to change the use of the current first floor seating zone into a TWO DOUBLE BEDROOM apartment, briefly comprising of an open plan kitchen dining living space, utility area, inner hallway, master bedroom, further sizeable bedroom and a family bathroom- Please refer to floorplan 2- PLANNING REFERENCE: 22/01251/FUL. If developed, each apartment has an impressive gross rental yield of 7- 9%. There is also the potential for full residential approval for six apartments to include the conversion of the ground floor, subject to the necessary planning consents. Please contact the office on 01777 566400 for further information, or to arrange a viewing.