Summary - THE FLOWER CAFE, 5, MARKET PLACE DE6 1EU
3 bed 1 bath Commercial Property
Income-producing Georgian mixed-use building in Ashbourne’s Market Place with refurbishment upside.
Freehold period mixed-use building in prime Market Place position
A substantial, three-storey period building occupying a prominent Market Place position in Ashbourne’s Georgian town centre. The ground floor and basement are fitted out as the established Flower Café, with double-fronted display windows onto a busy pedestrian thoroughfare and a compact commercial footprint well suited to a specialist food/retail operator. The café is let on a 10-year lease from August 2018, producing £14,400 pa.
Upper floors provide two separate self-contained apartments: a first-floor unit currently used for holiday letting (historical gross income c. £12,000 pa) and a second-floor flat let on an assured shorthold tenancy producing £4,740 pa. Total internal area is about 160 sq m (1,720 sq ft) over four levels (including basement), giving a simple income-producing mixed-use investment with immediate cashflow.
Buyers should note the property’s mixed EPC ratings (Ground B; First and Second floors E) and visible exterior deterioration that will require repair and some investment. The retail footprint is compact and there is no private outdoor space or garden. VAT is payable where applicable. This suit investors seeking a centrally located, multi-income asset with scope to enhance value through refurbishments, improved energy efficiency and potential reconfiguration of upper-floor accommodation.
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