Property Auctions - sell commercial property
Auction date: Thu, 14/09/2023 - 18:00
A rare opportunity to purchase a freehold mixed-use investment property. The ground floor retail unit is let on a new 5-year lease at £15,000 per annum and the two floors of self-contained residential accommodation above (4 bedsits) are to be sold vacant and are in need of modernisation. A superb investment opportunity with a potential rental income in the region of £51,000 per annum once renovated and fully occupied.
Auction date: Wed, 06/09/2023 - 13:00
This is a large mixed-use property in a busy commercial and residential location. Set across three floors, it has previously been a solicitors’ office on the ground floor and the upper two floors have been used for storage. The property could be re-developed to offer self- contained flats on the upper floors and following a scheme of works could achieve a combined rental income of circa £18,500.