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Church Gate, Loughborough... 1 bed terraced house for sale
Church Gate, Loughborough, Leicestershire
£310,000
Church Gate, Loughborough, Leicestershire
£310,000
Our Summary
- Freehold Investment Opportunity – Prime Church Gate LocationOffers Invited – Mixed-Use Freehold with Excellent Yield Potential (Approx
- The unit boasts an attractive dual-aspect glass frontage, ideal for retail visibility, and comprises:Main retail showroomSeparate display gallery with additional gallery spaceExtended rear workshop with access to private off-street parkingFraming room currently in use by the tenantThis well-configured layout makes the space suitable for continued retail use or potential future reconfiguration (subject to planning and lease terms)
- Accessed via a private entrance at the rear, the first-floor flat offers:Entrance lobby and hallwayKitchen with fitted unitsLiving area with feature fireplaceSpacious double bedroomThree-piece bathroom suitePreviously achieving a rental income of £725 per calendar month, the flat offers scope for owner-occupation or continued investment use
- Freehold Investment Opportunity – Prime Church Gate Location
- Offers Invited – Mixed-Use Freehold with Excellent Yield Potential (Approx
Description
This is a unique investment opportunity to acquire a mixed-use freehold property located on Church Gate, a prime location. The property comprises a ground floor commercial unit with an established tenant generating an annual rental income of £20,000, and a first-floor one-bedroom flat offered with vacant possession. The commercial unit has a dual-aspect glass frontage, ideal for retail visibility, and offers a flexible layout suitable for continued retail use or potential reconfiguration. The residential flat, previously let at £725 per month, offers scope for owner-occupation or continued investment use. With a total gross annual income of £28,700, the property yields an impressive 9.26% based on the previous rent. The sale includes the freehold interest, including the commercial and residential units, as well as the second-floor flat, which is held as a separate leasehold interest. Buyers are advised to seek professional advice on commercial lease terms and freeholder obligations.