An excellent opportunity to acquire a versatile commercial property offering multiple retail spaces and residential accommodation, ideally suited to investors seeking an established income-producing asset with potential for rental growth.
The property features a prominent street-facing commercial building with multiple shopfronts, currently accommodating retail businesses. The premises offer generous floor space suitable for a variety of commercial uses, including furniture retail, storage and other business operations.
The property also includes two spacious three-bedroom, two-bathroom flats, providing additional residential rental income. Covered parking is available for residents, with access to the rear of the property.
Property Features
• Four commercial shop/storage areas
• Two three-bedroom, two-bathroom residential flats
• Covered parking for residents
• Established tenants
• Residential and commercial rental income
• Potential to increase rentals to market-related levels
• Suitable for investors seeking long-term income and capital growth
Investment Potential
The property currently generates rental income from its commercial and residential components. Existing rentals have reportedly remained unchanged for approximately three to four years, presenting an opportunity to review rental rates and improve returns over time.
With a strategic approach to rental management and tenant retention, the property offers scope to strengthen its income-generating potential.
Further financial information, rental schedules and supporting documentation will be made available to interested parties upon signing a Non-Disclosure Agreement (NDA).
An established commercial property with diversified rental income and potential for improved returns.