Summary - 1A RED LION STREET SPALDING PE11 1SX
1 bed 1 bath Mixed Use
**Standout Features:**
- Prime mixed-use property in the center of Spalding
- Ground floor occupied by three thriving retail businesses: a coffee shop, a flower shop, and an antiques shop
- Upper floors house offices and escape rooms, maximizing rental potential
- Total of 7,000 sqft of flexible accommodation (600 sqm)
- Current rental income of £29,400 per annum, with an estimated rental value of £57,800
- Excellent exposure and foot traffic, situated near major retailers and a college campus
**Summary:**
Discover a lucrative mixed-use investment in the heart of Spalding on the bustling Red Lion Street. This prominently placed property offers a diverse mix of commercial opportunities, featuring a ground-floor coffee shop, flower shop, and antiques shop, all benefiting from established, successful operations. The expansive upper floors host offices and escape rooms, providing valuable income potential and versatility for future business endeavors.
Spanning an impressive 7,000 sq ft, this property is not only spacious but also strategically located near key amenities, schools, and transport links, making it appealing to a wide range of tenants or buyers. With a current annual rental income of £29,400 and a significantly higher market potential estimated at £57,800, this property presents an enticing investment opportunity.
Although in good condition, potential buyers should explore any necessary updates or maintenance, especially in relation to the age of the building. Whether you're an investor seeking passive income or an entrepreneur looking to expand your portfolio, seize this opportunity to own a prime piece of commercial property in a vibrant market town. Act fast—opportunities like this rarely last long!
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