- Substantial Detached property with potential to operate as a childrenâs day nursery
- Subject to (D1) planning approval, substantial plot with off road vehicular parking
- Deceptively spacious and versatile accommodation across ground and first floor levels
- Unique opportunity, retirement sale, viewing highly recommended
Description Reference - 47874
This is a rare opportunity to acquire a substantial detached property with potential to operate as a Childrenâs Day Nursery which is situated in the desirable town of Yate in South Gloucestershire. The highly visible property is ideally positioned fronting the main (A432) commuter route just a short walk from Yate train station and approximately 12 miles north east of Bristol city centre and 15 miles from the Roman city of Bath.
The property is located within a densely populated area amongst both residential and commercial premises in the locality with Yate Shopping Centre and the (M4) motorway close at hand. The property is therefore conveniently located and as a nursery would be able to attract children in the immediate locality, neighbouring towns and villages and also with parents who commute en-route to their workplace. The imposing property currently operates as a Guest House and therefore benefits from C1 planning consent. However, due its size and configuration, the property would represent the opportunity for conversion to a childcare facility subject to obtaining D1 planning approval from the local authority. The traditional property has been extensively extended over previous years and provides versatile living space across both the ground and first floors of the building. As the internal walls on the first floor of the extension are non-load bearing. There is therefore the opportunity to create a large open plan space which would benefit the day to day functionality of a childcare setting.
The property is being offered for sale on a leasehold or freehold basis. The vendors are offering a new 15 year Fri lease with a commencing rent of Â£40,000 per annum exclusive of rates with rent review periods at 3 yearly intervals. This is a unique and exciting opportunity and with this in mind, viewing is highly recommended at the earliest opportunity.
The substantial and highly visible double fronted, detached traditional property has been significantly extended offering deceptively spacious and versatile accommodation across both the ground and first floors. Externally there is a double garage, a good size well constructed garage/ store, garden and private parking for approximately 6 vehicles.
The flexible living accommodation briefly comprises: An entrance hallway, living room, second living room, separate dining room, fitted dining kitchen, a second kitchen, utility room, cloaks/ WC and a store. To the first floor of the property there are 6 bedrooms (2 with en-suite facilities), a shower room and a separate bathroom.
We are advised that the property is being offered as both leasehold and freehold. The vendors own the property and will grant a new Fri lease (subject to contract) for a period of 15 years at an initial rent of Â£40,000 per annum exclusive of rates.
Rent reviews are at 3 yearly intervals. We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification
This is a unique opportunity to acquire an impressive detached property with potential to possibly operate as a childrenâs day nursery which is located within a convenient and desirable setting. Only now being offered for sale due to retirement, viewing is highly recommended. View more View less
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