Tuesday 12 November 2013

Investment properties for artistic types

A friend of mine is married to an artist who paints big, gorgeous and unsettling pictures. He needs space for that. 
Anyhow, long-standing 'Wreck..' readers may remember they've been trying to find a former factory or similar for the family to live in and him to work in.
It made me think again about people who aren't looking for my usual sort of wreck. So, today, I'm looking at former commercial properties for artists looking for an investment as well as a studio.
My first two were both sent to me by 'Wreck' reader Kit (thanks again, Kit).
Above and below is an extraordinary, unrenovated ex-antiques showroom and former mill/factory on Station Road, in Batley.

It comes with planning permission to turn it into nine, two-bedroom flats, but you could just as easily pick a floor for yourself and develop the rest as finished flats, or sell-off floors as DIY spaces.
It's Grade II-listed; there are four floors and right of way to the side and rear giving potential outside space. It's on the market at £275k, through Dales & Shires - Zoopla details here and agent's pdf here
The property below is a group of brick-built workshops, plus a house, built around a courtyard.
It's in Renishaw, an old Derbyshire village with an honourable mining past and easy access to the M1.

Doesn't look much from the front (above), but that gated courtyard layout and the mix of house and workshops - plus the shop you can see to the right - offer lots of options.

If you needed more - it comes with planing permission (2011) to turn it into three homes.
It's on the market via Barry Findley and Rightmove, at best offers above £125k. Details here.
Next, two similar properties in Longton, Stoke-on-Trent.
A former pottery with two floors of warehouse and office space, secure yard and lots of space:

On the market at £195k through Butters John Bee. Rightmove link here and agents link here.
And a pretty tatty looking (but amazing shape!) ex-workshop and former Catholic School with tall, open-plan workshop area, plus further workshops and large, secure yard:

On the market at £85k through Rory Mack - details here.
Finally, if all that looks too much like hard work. The property below doesn't fit the 'wreck' idea at all but it was too pretty to ignore.

It's a five-bedroom Victorian detached property in the Staffordshire Moorlands town of Leek. The house part of it is gorgeous in itself, but at the front are two self-contained shop units - the bay windows you can see in the picture. Currently used as lighting and artists gallery:

The garden includes a brick structure (above) with potential for use as a studio and there are lots of original features throughout the building:

It's on the market through Bury and Hilton at £255k. Zoopla pictures here, plans and agent's details here.