An excellent opportunity to acquire a versatile commercial property with an attached two-bedroom residential flat, offering both rental income and flexibility of use.
The A1/A2 commercial unit, covering approximately 14 square meters, is currently operating as a beauty salon. This single unit has its own electric and water meters, providing independence for utility management. The property benefits from high foot traffic on the busy high street, with bus stops conveniently located right outside, ensuring excellent accessibility.
At the rear, the property features a two-bedroom flat arranged over two floors. The ground floor comprises a lounge, a fitted kitchen, and a bathroom, while the first floor includes two double bedrooms, making it an ideal living space. The flat benefits from gas central heating, double glazing, and an enclosed garden. The location offers easy access to local amenities, including schools and libraries, and is just a 20-minute walk to the city centre.
The property’s current combined rental income is £937.50 per month, with a scheduled increase to £1,100 starting in April 2025. Both the commercial and residential spaces are separately metered for water and electricity, with gas supply exclusive to the flat.
This premises presents an attractive investment opportunity with established rental income and strong growth potential.