This property presents a valuable mixed-use investment opportunity, featuring two retail units on the ground floor alongside residential flats above. The layout includes a two-bedroom apartment and a one-bedroom apartment, both of which are situated on the first floor and could be ideal for rental income.
The ground floor is home to Shilton Fish Bar, which includes a serving area, kitchen, preparation space, restrooms, and storage facilities. Adjacent to it is CBT Motorcycles, utilized as a motorcycle workshop with a dedicated retail area, workspaces, an external workshop that also includes restroom facilities, and basement storage. Both businesses provide existing tenants that can offer immediate cash flow.
An additional highlight of this property is the vacant outbuilding located at the rear of the site. Although currently inaccessible and unmeasured, it has previously received planning permission for residential conversion. This opens up possibilities for future development (subject to planning), allowing an astute investor to enhance their portfolio further.
Located in a vibrant area with foot traffic from the nearby retail shops and local amenities, this property not only serves its current functions well but also holds significant potential for renovation or expansion. Investors looking to capitalize on a mix of commercial and residential spaces should consider this opportunity as it promises multiple avenues for growth.