Mayfield – Freehold Premises with planning consent for residential development now sold

24th April 2019

Oldfield Smith & Co have sold St. Dunstans Pharmacy premises in Mayfield High Street including the upper parts, gardens and parking to the rear.

St Dunstans Pharmacy available through Oldfield Smith & Co

The shop is Grade II listed and located centrally within Mayfield High Street.  Currently the ground floor premises comprise a retail shop with office/storage areas to the rear.  The lower ground and first floor are currently being used for storage for the shop but it is intended to convert these areas to form 2 separate residential flats each benefiting from its own separate access. It is also intended to modernise the shop which will continue to trade as a pharmacy with the business unaffected.

There is a large garden area to the rear with outbuildings and providing potential for further development subject to obtaining any necessary consents.

The premises have been sold at a figure close to the asking price.

There continues to be a good demand for freehold commercial premises in all sectors particularly with planning for conversion to residential or potential to convert. Should you be considering selling commercial premises please do get in contact for a free market appraisal, please call us on 01825 762222.