73 Spring Gardens, Buxton, SK17 6DN

Region: East of England
Property Type: Retail, Residential
Floor Area: 788 sq ft
Sale Price: In excess of £425,000 for the Freehold interest of the above property, excluding standard purchaser’s costs.

The property is situated in the centre of Spring Gardens which is a popular thoroughfare road in Buxton. The property is adjacent to Wye Street, which leads to a pay and display car park that has over 100 parking spaces.

The subject property is an attractive period building of stone construction set under a pitched tiled roof with glazing frontage.

The ground floor comprises a banking hall with offices and kitchenette to the rear whilst the basement, accessed from a staircase to the rear of the property, comprises a large storage room and male and female WC’s. The first, second and third floor comprise separately accessed residential flats that are currently vacant and stripped back to a shell condition. Access is provided via a door on Wye Street.

Accommodation

The unit extends to the following approximate floor areas, calculated in line with the RICS Code of Measuring Practice, (6th ed):

Retail

	Sq ft		Sq m
Sales Area	1,271	/	118.11
GF Kitchen	101	/	9.36
Basement	1,028	/	95.51
Ground Floor (ITZA)	788	/	73.16
Total NIA	2,400	/	222.98

Residential

	Sq ft		Sq m
First Floor Flat	1,135	/	105.42
Second Floor Flat	1,106	/	107.72
Third Floor Flat	1,091	/	101.38
Total GIA	3,332	/	309.52

 

Rates 

Rateable Value		£30,250
UBR		0.504
Rates payable approximately		£15,246

Interested parties should verify these figures with the Local Authority.

Development opportunities

The property presents an opportunity to restore the upper floors to provide 3 large residential flats. It may be possible to reconfigure the space to create a number of smaller units, subject to necessary planning and building consents.

 

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