Positioned at the entrance to town, this impressive commercial building presents a rare opportunity to acquire an established, income-generating property in a high-visibility location with excellent commercial exposure and a steady flow of passing foot traffic.
Boasting a substantial floor area of over 1,800 square feet, this multi-tenanted property offers a diverse income stream, combining established national retail presence, thriving street-front shops, professional office spaces and additional residential accommodation.
The property features two large retail shops occupied by long-standing, reliable tenants, including the well-known national retailer PEP Stores, providing an established commercial presence and a solid foundation for rental income. Complementing these anchor tenants are five additional street-facing shops, all fully tenanted, creating an active retail environment with multiple income-producing units.
Inside the building, numerous offices are also fully occupied, catering to a variety of business and professional tenants. Adding further versatility to the investment are several accommodation flats, offering an additional rental component and broadening the property's income potential.
One of the property's greatest advantages is its established management structure. The building has been professionally managed over an extended period, with systems and processes already in place to oversee the property and its income. For an incoming investor, this presents the opportunity to take over an established operation and continue building on its existing performance.
With its strategic position at the town entrance, diverse tenant mix, fully occupied retail and office spaces, and proven income-generating capability, this property offers far more than bricks and mortar. It represents an established commercial asset with multiple revenue streams and the potential to form a valuable part of a long-term investment portfolio.