MapMixed use
Features and description
- Fully let mixed use investment
- Ground floor retail unit and two flats
- Rent: £35,000 per annum
- 9.58% gross yield
The retail unit, currently leased to Golden Orchid jewellers on a one-year lease, generates an annual rental income of £19,500. Spanning 470 sq ft, the unit features a retail area, kitchenette, and WC.
Flat 1 includes a lounge, shower room, kitchen, and bedroom. It is currently occupied under a rolling one-month lease, yielding £550 per month. The current tenant has resided there since June 2023.
Flat2 includes a lounge, bathroom, kitchen, and two bedrooms. It is also leased under a rolling one-month lease, generating £700 per month. The existing tenant has occupied the space since May 2023.
Each unit is self-contained, ensuring autonomy and convenience for occupants. This property represents a compelling investment with stable tenancies and a robust rental yield.
Tenure: Freehold
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