MIXED USE INVESTMENT PROPERTY – Providing a Net Initial Yield of 7.56% increasing to 7.82% with effect from August 2027
The property comprises an attractive recently renovated mixed use building which is freehold. The property is over 2 floors with the ground floor being a retail shop and the first floor being a 1 bed recently refurbished apartment.
The property is brick construction with a flat roof. The brickwork has been rendered with traditional wooden shop front and windows. The flat has separate access via a side passage to the rear of the property.
Internally, the ground floor accommodation has been modernised to create an open plan sales area with offices and WC facilities to the rear. The property has been used most recently as a kitchen showroom. The residential accommodation is accessed via a door at the rear which is accessed from the side passage. The property is 1 bed with open plan kitchen and living room area. The apartment is modernised to a high standard.
£280,000
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