Presenting a ground floor retail space that offers significant renovation and investment potential. Currently leased for £9,000 per year, this retail unit comes with a lease set to expire in December 2028, providing immediate income while allowing for future development possibilities.
An intriguing feature of this property is the unused area at the rear, which has a separate entrance from Vyvyan Street. This underutilized space could be transformed into residential flats, making it an attractive opportunity for those looking to invest in a growing market. With the right planning permissions, the potential to convert this area into desirable living accommodations could significantly enhance the property's value.
Located in a vibrant neighborhood, this property not only benefits from foot traffic associated with its current retail use but also stands to gain from increasing demand for housing in the area. The combination of an established rental income and potential for redevelopment makes this an appealing prospect for savvy investors or developers seeking to maximize their holdings.
