Retail property (high street) for sale

Nestled within the heart of a thriving high street, this exceptional mid-terraced retail property presents a lucrative opportunity for investors seeking a prime commercial premise with residential accommodation. Boasting a sought-after location with high foot traffic and visibility, this property is perfectly positioned to attract a wide range of potential customers.

Upon entry, the lower floor of the property greets visitors with a spacious retail area featuring a high-street shop front, ideal for showcasing products and attracting customers. The lower floor also includes a well-appointed kitchen, a convenient W.C., and a basement area offering additional storage space.

Ascending to the first floor, a one-bedroom flat awaits, offering a comfortable living space with a large double bedroom and a modern bathroom. The flat also features an open-plan lounge and kitchen area, providing a versatile space . For added convenience, a loft room offers the potential for further development or storage space.

A separate entrance to the flat ensures privacy and ease of access for residents, creating a distinct separation between the commercial and residential areas of the property. This layout is not only practical but also adds value and appeal to the overall property.

Situated in a prime, bustling high street location, this property represents an unrivalled investment opportunity with great rental yield potential. Whether you are looking to capitalise on the thriving retail environment or seeking to establish a strong residential rental income stream, this property offers a versatile and attractive proposition for discerning investors.

In summary, this mid-terraced retail property with a first-floor flat presents a unique opportunity for those looking to secure a commercial property in a high-demand area. With its prime location, ideal layout, and investment potential, this property is sure to attract interest from savvy investors looking to maximise returns without the burthen of onward chain. Don't miss out on the chance to acquire this valuable asset in a vibrant and dynamic market.

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 £300.00 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 4.50% 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.

VAT is payable by the Buyer upon completion to their solicitor. This is to be paid in addition to the purchase price.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.