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7 Church Street comprises an excellently located, mixed retail and studio premises located in a prominent setting within the town of Norton, on the edge of Malton.
The property comprises a rendered brick, mixed retail and office premises currently occupied and operated as Next Steps Café. They occupy the property on a lease; however, notice has been served to gain vacant possession by October 2023 presenting owner occupier and alternate use potential. In the interim the premises generates a good annual income of £10,000 per annum and a rear, single storey studio presents an opportunity for further letting opportunities.
The site is conveniently positioned and lends itself to potential development, subject to the necessary consents. The site is currently subject to an Asset of Community Value designation which is due to expire in 2025. Upon expiry, the site offers alternate uses potential, benefiting from pedestrian and vehicular access.
7 Church Street is likely to appeal to both investors, owner occupiers and those exploring alternate uses, with the site also benefiting from connections to mains services including electric, water, gas and drainage.
The property is located off Church Street, a short distance from the town centres of Norton and Malton and within a conveniently located position. 7 Church Street comprises let café and rear studio.
The property is neighboured by mixed commercial and residential properties, set off Church Street and benefits from vehicular and pedestrian access. The site is set in a prominent and convenient setting.
The twinned towns of Norton and Malton are set within 1-mile and offer a range of services and amenities including shops, convenience stores, supermarkets, leisure, recreational and sporting facilities. The town also benefits from educational and health care institutions as well as being well serviced with road and rail links. The train station provides access to Scarborough, York and further afield.
Malton and Norton have seen development or both residential and commercial premises with the towns an economic hub for the area, home to a range of professional services and industries. There are a range of commercial premises situated on the York Road, Showfield Lane, Enterprise Park and Eden Camp industrial estates.
A wide range of amenities can be found within the historic city of York, located approximately 18 miles south-west and provides full range of high-quality services and amenities including mainline train.
FOR SALE BY PRIVATE TREATY
GUIDE PRICE: £260,000