This is a distinctive opportunity to acquire a partially refurbished former mill located in the vibrant center of Sandbach. The property spans approximately 12,000 sq ft and comprises three large residential apartments alongside a spacious ground-floor commercial unit. Notably, it also benefits from an income-generating telecommunications lease.
Character features are preserved throughout the building, adding charm to the communal areas, which include lift access and designated parking for residents. The existing layout allows for further development potential; particularly, the expansive ground-floor commercial space could be reimagined into three or four additional apartments, subject to planning consent.
The current rental income stands at £19,800 per annum from telecom rentals, with the potential for total income reaching approximately £115,200 per year once all spaces are fully occupied. Given its mixed-use nature and central location, this property presents a compelling prospect for investors or developers aiming to maximize yield through further renovation and asset management.
