Commercial

An Exceptional Mixed-Use Investment Opportunity in a Prime High Street Location

Situated in a prominent and highly sought-after High Street position, this substantial mixed-use property presents an excellent opportunity for investors and developers alike.

The ground floor comprises two spacious commercial retail units/showrooms, both benefiting from extensive storage accommodation to the rear, a useful cellar, and vehicular access from the rear service road. The property also benefits from private parking, offering added convenience for both commercial tenants and customers.

To the first and second floors are four self-contained one-bedroom apartments, all currently tenanted and generating an established rental income. Subject to the necessary consents and approvals, there is potential to reconfigure the existing layouts to create larger two-bedroom apartments, further enhancing rental returns and capital value.

Occupying a prime trading position within a busy High Street environment, the property enjoys excellent visibility, strong footfall, and convenient access to local amenities and transport links.

Offered for sale with no onward chain, this is a rare opportunity to acquire a versatile freehold investment with immediate income and future asset enhancement potential.

Key Features

• Mixed-Use Investment Opportunity
• Two Ground Floor Retail Units/Showrooms
• Large Rear Storage Areas
• Useful Cellar Accommodation
• Rear Vehicular Access and Parking
• Four Tenanted One-Bedroom Apartments
• Potential to Create Two-Bedroom Apartments (Subject to Consents)
• Prime High Street Location
• Established Rental Income
• No Onward Chain

Auctioneers Comments:

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay 349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of 6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.