This mixed-use property is an intriguing investment opportunity located in the heart of a historic market town. Comprising a retail space and three residential flats, this Grade II listed building offers both current income potential and room for growth through strategic renovations. The main shop covers approximately 46.4m² and is currently vacant, providing a blank canvas for a new tenant or business concept. There is valuable access to the cellars beneath and a useable attic above that could enhance the property's overall utility.
Of the three flats, one studio is unoccupied, while two spacious 2-bedroom flats are already generating rental income at £800 per month each, totaling £19,200 annually. Given their size and location, there is an opportunity to increase these rents post-renovation.
The communal yard at the rear also allows for off-road parking, adding to the appeal of residential units in this busy area.
Overall, with some modernisation needed across various elements of the property, there exists significant potential to enhance its value through thoughtful improvements tailored to modern living and commercial needs.
