11 Market Street, Craven Arms, SY7 9NW Residential development for sale

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11 Market Street, Craven Arms, SY7 9NW Residential development for sale

11 Market Street, Craven Arms, SY7 9NW
£80,000

Our Summary

  • The property offers an appealing investment opportunity with existing income and asset management potential for further value enhancement
  • Conditions of SalePlease note that the property is sold in accordance with the Common Auction Conditions [4th Edition March 2018] (a copy of which is included with the Legal Pack)
  • This lot presents an attractive asset management opportunity, with potential to enhance income in the future

Description

The property is a mid-terrace mixed-use building in Craven Arms, comprising a basement, ground floor retail unit, and two self-contained residential flats. The retail unit is currently let to St Andrews Community Church at £1,800 per annum, while one of the flats is let on an Assured Shorthold Tenancy at £6,900 per annum, and the other is vacant. The property has a traditional brick construction and is situated in the town center, close to local amenities, the A49, and the main town car park. The property offers an appealing investment opportunity with existing income and asset management potential for further value enhancement.