Summary - 38 Canterbury Road: Werrington PE4 6PA
3 bed 1 bath Commercial Property
**Standout Features:**
- Mixed retail and residential property with existing lease
- Ground floor shop with various commercial amenities
- Self-contained first-floor flat with three bedrooms
- Parking available, including a single garage
- Village location with good access to local amenities
**Potential Concerns:**
- Lease has 15 years remaining, which may pose mortgage challenges for buyers
- Requires regular maintenance and monitoring
This versatile mixed-use property in Werrington offers a unique investment opportunity, generating a gross income of £16,200 per year from a lease that lasts until July 2039. The ground floor showcases an inviting commercial space with a reception, kitchen, food preparation area, and essential facilities, making it ideal for a variety of businesses, while the self-contained first-floor flat boasts three generous bedrooms, a lounge, and a functional kitchen—perfect for residential tenants.
Located in a desirable village community with easy access to local shopping, schools, and transport links into the city, this property has significant appeal for investors and families alike. Although potential buyers should consider the remaining lease term, the affordability and low council tax band make this an enticing option in an affluent area. With ample parking and the flexibility for future renovations, this mix of commercial and residential spaces presents a great opportunity you won't want to miss. Don’t wait—properties like this, with strong income potential and a vibrant neighborhood, are only available for a limited time!
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