Property for sale
Property description & features
- Tenure: Freehold
- Prime Location: Situated in a vibrant, high-demand area known for its bustling activity and community charm.
- Development of 6 One-Bedroom Flats and 2 Commercial Units Seize this exceptional investment opportunity to develop a prime mixed-use property.
- Capitalize on this development opportunity to create a lucrative mixed-use property, catering to the growing need for quality housing and commercial spaces.
Overview
Seize the opportunity to invest in the heart of the city with the prestigious Imperial Building, a prime mixed-use property offering a perfect blend of residential comfort and commercial potential. This distinguished property comprises four stylish one-bedroom flats and three vibrant retail shops, presenting an attractive investment for those seeking a steady income stream and long-term capital growth.
Residential Units
4 x 1 Bedroom Flats: Each flat is designed with modern living in mind, featuring open-plan living areas, contemporary kitchens, and spacious bedrooms. High-quality finishes, ample natural light, and thoughtful layouts create a welcoming atmosphere for tenants. These units promise high rental demand due to their desirable location and superior amenities.
Rents Generating from renting flats are £600 PCM each, £2400 PCM
Commercial Income Generated as below:
2 Shops are on 5 years lease £525 PCM & £550PCm
1 Shop is vacant and ready to be occupied.
Commercial Units
3 Retail Shops: The ground floor is home to three retail units, each with expansive windows and prominent frontage, ideal for attracting foot traffic. These shops are perfect for a variety of businesses, from boutique stores to cozy cafes. The bustling neighborhood ensures a constant flow of potential customers, enhancing the commercial viability of these units.
Key Features
Prime Location: Situated in a vibrant, high-demand area known for its bustling activity and community charm.
High Foot Traffic: Both residential and commercial units benefit from the property's strategic location in a busy district.
Modern Amenities: Flats are equipped with modern appliances, high-speed internet, and secure access. Shops feature ample space and are adaptable to various business needs.
Investment Potential: Steady rental income from both residential and commercial tenants with potential for appreciation.
Transport Links: Excellent connectivity with public transport options, making it convenient for residents and shoppers alike.
Local Amenities: Proximity to restaurants, cafes, shopping centers, parks, and cultural attractions enhances the property's appeal.
Investment Opportunity
The Imperial Building presents a rare chance to acquire a mixed-use property with diverse income streams in a sought-after location. Whether you're an investor looking to expand your portfolio or a business owner seeking a prime spot, this property offers unparalleled potential.
For further details and to arrange a viewing, please contact us. Explore the endless possibilities with the Imperial Building – where urban living meets commercial success.
Dial extension number 234 to contact your agent directly.
Council tax band: A
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*DISCLAIMER
Property reference ZRanaalikw0003502732. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Keller Williams Advantage - Bromley.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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