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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 rare investment opportunity to acquire a mixed-use freehold property in a prime location on Church Gate, comprising a ground floor commercial unit with an established tenant and a first-floor one-bedroom flat with vacant possession. The commercial unit generates an annual rental income of £20,000 and has a well-configured layout suitable for continued retail use or potential future reconfiguration. The first-floor flat offers scope for owner-occupation or continued investment use and has previously achieved a rental income of £725 per calendar month. With a total gross annual income of £28,700, the property offers a yield of 9.26%, making it an attractive investment opportunity. The sale includes the freehold interest, with the second-floor flat held as a separate leasehold interest.