We present a notable mixed-use investment opportunity that encompasses three distinct properties on Front Street in Annfield Plain, all offered as a single acquisition. This property portfolio comprises two ground-floor commercial units and a first-floor studio space, providing a mix of immediate rental income and the chance for future development.
The first ground floor unit (24A) is currently occupied by a successful pizza takeaway under an established lease, ensuring a consistent income stream. The second ground floor unit (24B) is vacant and offers versatile options for various commercial uses, subject to necessary approvals.
The first-floor studio (24C) stands ready for refurbishment or redevelopment, presenting excellent possibilities for conversion into office space or alternative commercial or residential use, depending on planning permissions.
This combination of tenanted and vacant spaces affords significant flexibility for investors or potential owner-occupiers looking to exploit both immediate cash flow and enhance the property's value through strategic improvements and adaptations. Located centrally in a bustling area with high foot traffic, this property is well-positioned within the local economy, making it an attractive prospect for those looking to capitalize on both current demand and future growth opportunities.