Mixed commercial/residential income producing investment property comprising a ground floor lock up shop unit and three residential flats

Mixed commercial/residential income producing investment property comprising a ground floor lock up shop unit and three residential flats

The property comprises of a part three part two and part single storey Grade 2 listed mid terraced property. The imposing property is currently arranged to provide a ground floor lock up shop unit that is currently fitted out as a hair salon and three residential flats arranged over the ground, first and second floors of the property with a basement. The property benefits from a rear garden area and a variety of outbuildings, all parking is on street.

The attractive property provides a ground floor shop unit with a Total Net Internal Floor Area of approximately 264 ft sq (24.52 m sq) and ancillary accommodation. Flat 1 is on the ground floor and provides a flat arranged to provide a reception hallway, kitchen, shower room and a bed/sitting room and a Total Gross Internal Floor Area of approximately 496 ft sq (46.07 m sq). Flat 2 is on the first floor and second floor and provides a reception hallway, bathroom, sitting room/kitchen, larder and bedroom and a Total Gross Internal Floor Area of approximately 617 ft sq (57.31 m sq). Flat 3 is arranged over the first and second floors and provides a sitting room, dining room, kitchen, toilet, landing, shower room and three bedrooms (one with en-suite) and a Total Gross Internal Floor Area of approximately 1,568 ft sq (145.66 m sq). This flat also benefits at first floor from an attractive outside balcony area.

The property is income producing currently from two of the residential flats with the rest of the property being owner occupied. This offers the opportunity to let out the remaining flat and shop unit in the future to increase the rental income and also the shop unit has potential, subject to statutory consents, for conversion into a residential flat.
The full potential of the property can only be appreciated upon undertaking an inspection of the property.