This substantial freehold property, recognized as Grade II Listed, presents a significant investment opportunity with both commercial and residential components. The ground floor boasts a spacious retail area featuring an appealing double frontage, along with a secondary storage space and cellar for added utility. The upper floors contain two self-contained one-bedroom flats, currently tenanted, which benefit from separate side access and an enclosed courtyard garden at the rear. Located in the bustling market town of Leominster, this property is strategically positioned near key transport links including the A49 and A44 routes and is accessible via Manchester-Cardiff railway services.
The commercial space offers potential for further development into additional residential units subject to acquiring the necessary planning approvals, making it an attractive proposition for investors looking to capitalize on the ongoing expansion of the town. Each flat has individual characteristics that could be enhanced through renovation, creating opportunities for increased rental income or resale value. With a backdrop of significant local growth initiatives, this property represents a promising venture in a developing area.