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Our Summary
- We are excited to present this fantastic mixed use investment opportunity
- Perfect for investors looking for affordable mixed use investment opportunity or business owners looking for a spacious unit to occupy and reside in
- Perfect for investors looking for affordable mixed use investment opportunity or business owners looking for a spacious unit to occupy
- Fantastic mixed use residential & commercial investment opportunity, located within a prime location in ColdstreamProperty Comprises: Ground floor comprises an open-plan shop or office area with a WC
- Sure to appeal to investors looking for an excellent mixed use investment opportunity, ready to produce cash flow
- Potential rent £700 pcm**Potential for property to be converted to full residential use, subject to gaining necessary planning permissionsCombined rent potential of £12,000 - £13,200 per annum
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
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Description
The property is a mixed-use maisonette and commercial unit located in a prime location on the High Street in Coldstream. The commercial unit on the ground floor has an open-plan shop or office area with a WC, while the top floor features a spacious upper maisonette with a separate entrance, including a bathroom, two large double bedrooms, living area, and kitchen. The property has ample storage throughout and benefits from good daily footfall and proximity to local amenities.
The commercial unit has a rateable value of £1,900, benefiting from 100% small business relief. The property is currently tenanted at £600pcm, but has the potential for higher rents.