Live above an income stream with loft conversion potential in sought-after Church Stretton.
Three‑bedroom renovated town house with balcony and pleasant rear garden|Ground floor shop let to Severn Hospice Limited, income £11,250 p.a.|Separate entrances for shop and residence, good privacy|Existing planning consent for loft conversion, development potential|Flexible layout could be split into two flats (buyer to confirm consents)|Very large overall size c.2,912 sq ft (includes shop and residential)|Busy town centre location — good footfall, some street noise|Shop let on repairing and insuring lease; not vacant
This mixed-use Tudor‑style property combines a well-presented three‑bedroom town house with an income‑producing ground floor shop, offering a live‑above/invest option in central Church Stretton. The owner‑occupied accommodation has been sympathetically refurbished and includes an attractive first‑floor balcony and pleasant rear garden, giving comfortable family living with outdoor space.
The ground floor shop is currently let to Severn Hospice Limited on a full repairing and insuring lease (term from 1 July 2023), producing £11,250 per annum. Separate pedestrian entrances for the shop and residence preserve privacy and make the set‑up straightforward for an owner‑occupier who wants rental income or for an investor seeking immediate yield.
There is genuine development upside: existing planning consent for a loft conversion and scope to reconfigure the residential accommodation into two flats, subject to the usual consents. The property is freehold, newly renovated in parts, and of very large overall size (total GIA c.2,912 sq ft), giving flexibility for alternative layouts or future value enhancement.
Buyers should note the commercial tenancy and lease terms remain in place, so the shop is not vacant. The property sits on a central, busier town street which brings footfall for the shop but also the usual town centre noise and activity. Any buyer considering conversion to multiple units should allow for conversion costs and discharge of party wall/consent requirements.
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