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3 bed terraced house
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Our Summary
- PROPERTY SUMMARY A substantial mixed-use investment opportunity comprising a ground floor commercial premises with a spacious self-contained three-bedroom flat above, currently producing a combined rental income of £1,200 pcm, equating to £14,400 per annum
- To the rear, the accommodation extends into a generous kitchen/preparation area, offering excellent operational space for a food, retail or service-based occupier, subject to any necessary consents and lease terms
- This gives the commercial unit a depth of usability that should appeal to a range of potential tenants, whether continuing in its current use or being adapted in future
- There may also be scope for future asset management, rental review, lease restructuring or improvement-led value growth, subject to the existing tenancy arrangements and any required consents
- The area offers customer-facing accommodation suitable for retail, food, service or office-style use, subject to any necessary consents and the existing lease terms
- Let us unleash the full potential of your property and propel you towards your real estate dreams
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Description
The property is a mixed-use freehold asset consisting of a ground floor commercial unit and a spacious three-bedroom residential flat above. The commercial unit is arranged with a front-facing shop area and rear kitchen/preparation space, and is currently let at £500 pcm. The residential flat is accessed separately and is currently let at £700 pcm, and features an entrance hall, lounge/diner, fitted kitchen, three bedrooms, bathroom, and landing area.
The flat has good natural light and a practical layout, with a larger main bedroom and further double and single bedrooms. Externally, the property has access to a shared service area and garage-style storage/parking provision.