Freehold Mixed-Use Investment Opportunity With Potential Airspace Development

Summary

• Three-storey mixed-use building situated on a 0.25-acre site.

• The building comprises 10 x commercial units on the ground floor and 16 x flats on the upper two floors.

• 11 of the flats are let on ASTs, 1 flat is let on a regulated tenancy, and 4 are sold off on long leases.

• The property has a current passing rent of £400,545 per annum

• There is development potential for additional floors (STPP)

• WAULT of 12.5 years to expiries