Residential development for sale

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Residential development for sale

Wood Street, Earl Shilton, Leicestershire, LE9 7ND
£375,000

Our Summary

  • The subject property comprises a mixed use retail/residential investment opportunity, with two ground floor retail units and a one and two bedroom flat to the first floor
  • To the rear of the site there is a vacant outbuilding which has previously had planning permission for a residential conversion and provides a development opportunity (STP)

Description

--- This mixed-use investment property in Leamington Spa is available for purchase and includes two ground floor retail units, each with their own distinct tenants: Shilton Fish Bar and CBT Motorcycles. The tenants occupy the space under rolling contracts, ensuring a steady income stream. Above the retail units is a two-bedroom flat and a one-bedroom flat, providing additional rental income. Additionally, there is a vacant outbuilding at the rear of the property, which has previously been granted planning permission for residential conversion, offering a potential development project subject to the necessary consents. The property presents a compelling investment opportunity with diverse income streams and the potential for value-add through development.
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