Summary - 6, FORE STREET TA21 8AQ
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Freehold mixed-use investment with substantial rental income
- Fully let: Convenience store, retail unit, and 5 residential flats
- Secured income of £88,400 from Co-Operative Foodstores Ltd
- Total rental income of £137,000 per annum
- Prime high street location with significant foot traffic
- Potential for redevelopment and renovation
**Summary:**
Discover a lucrative investment opportunity in the heart of Wellington at 4-6 Fore Street. This impressive freehold property encompasses a vibrant convenience store operated by Co-Operative Foodstores Ltd, an additional retail unit, and five self-contained flats, generating a total annual rental income of £137,000. With a prime location on a bustling high street, the property stands out not only for its income potential—£88,400 secured from the Co-Op—but also for its mixed-use capabilities, making it ideal for savvy investors or business owners.
The three-storey building, characterized by its Victorian architecture with modern extensions, offers ample space and the allure of future redevelopment opportunities. Residents benefit from convenient access to amenities, with a public car park located at the rear and excellent mobile and broadband connectivity. While the area does have above-average crime rates, the affluent community setup balances this with essential services, including reputable schools and diverse local businesses. This property not only provides immediate returns but also room to expand, making it a strategic choice for those looking to invest in a thriving market town. Don’t miss out on this unique opportunity—properties like this are rarely available for long!
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