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Cross Street, Ellesmere. 1 bed house for sale
Cross Street, Ellesmere.
£210,000
Cross Street, Ellesmere.
£210,000
Our Summary
- We understand that the current tenant wishes to remain in occupancy and, therefore, furthers the appeal of the property as an investment vehicle, whilst providing scope for those with owner/operator intentions wishing to live on-site
- EPC - 56 (D)Commercial Space - The commercial element of the building extends to around 3,700 sq ft and is arranged over three floors, including a cellar, with a large shop floor (approx 475 sq ft) boasting prominent high street frontage which leads through to a selection of versatile inner rooms currently serving the tenant's bakery business but with scope for a vast variety of onward usages
Description
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Here is a summary of the property description in a single paragraph without a list:
A substantial Grade II listed period town centre building in Ellesmere offers a unique investment opportunity, comprising a one-bedroom second floor apartment and around 3,700 sq ft of commercial space with excellent frontage. The property is fully tenanted, providing a gross yield of circa 12%, and is situated in a prominent town centre location. The apartment is currently rented for £425 per month, while the commercial space is occupied by a bakery business and has a monthly rent of £1,700. The property benefits from mains services and is of freehold tenure, making it an attractive option for investors or owner/operators. With its central location and versatile accommodation, 6 Cross Street presents a rare opportunity to acquire a thriving mixed-use property in the heart of Ellesmere.