Mixed Use
An excellent investment opportunity to purchase a Freehold property comprising of a large, two storey retail shop and further one bedroom flat.
The retail unit is currently vacant but has historically been let out at £9,000 per annum. The one bedroom flat is currently let at £4,200 per annum. The property would give around a 10% return when fully let.
Located on Hotel Street close to the Belvoir Shopping Centre and opposite a large re-development which is currently underway to provide new shops, eateries and car parking.
There is also Council Funding available as a shop front improvement scheme to all local business premises.
Currently Vacant.
Currently Let.
PLEASE NOTE THE ADJOINGING PROPERTY IS ALSO AVAILABLE AT A GUIDE PRICE OF £145,000+ WHICH COMPRISES OF 2 SHOPS AND A FLAT ABOVE.
Freehold.