This versatile freehold property presents a compelling opportunity for both commercial and residential investment in a desirable area. The ground floor and basement retail space is currently vacant, providing a blank canvas for businesses or investors looking to capitalize on its estimated rental value of £2,000 to £2,100 per month.
Situated above the commercial unit is a spacious two-bedroom, two-bathroom duplex apartment that is currently leased at £2,000 per month. Given the current market trends, there is clear potential to increase this rent to approximately £2,400 per month, making it an attractive addition to any investment portfolio.
Moreover, the property offers significant renovation and development prospects. With the possibility of adding an extra floor (pending planning approval), there is an opportunity to further enhance the property's capital value and generate additional rental income. This feature makes it not only a unique living space but also an intelligent long-term investment in a thriving locale.
