Northgate Street, Devizes

This mixed-use investment opportunity in the heart of the town centre comprises a vacant double-fronted retail unit and three residential flats, making it an attractive proposition for investors. Currently, two well-sized two-bedroom flats are generating an annual income of £19,200, both let on Assured Shorthold Tenancies at £800 per month. There is potential to increase the rents, subject to market conditions. The ground floor retail space, extending to approximately 500 sq ft, is currently vacant and offers cellar storage and attic space for additional flexibility. A vacant studio flat at the rear presents an opportunity for further income generation following refurbishment. Externally, the property features a communal courtyard and parking for multiple vehicles, enhancing its appeal to both residential tenants and commercial occupiers. Once fully let, this property could yield a total income of around £36,000 per annum, highlighting its investment potential. Offered at auction, this Grade II listed property is positioned prominently in the town centre, providing scope for modernisation and value enhancement.