Income-producing retail unit with immediate rental return for investors.
Prime Mortimer Street high-street shopfront location
A compact, ground-floor Victorian retail unit in a prime Mortimer Street position, currently producing income from a 5-year lease that commenced March 2022. The premises benefits from a prominent shopfront, open-plan retail area and a mix of modern and period features, plus fast broadband and excellent mobile signal — useful for modern retail operations or service occupiers.
The property is let to the RSPCS with a current passing rent of £18,000 per annum, offering an investor a ready income stream and immediate hands-off ownership. The unit sits among established national and local retailers including Boots, Peacocks and Cancer Research, keeping footfall focused on the high street.
Buyers should note material local challenges: the area is classified as very deprived with very high crime rates and a constrained-renters local profile. The plot is very small and accommodation is ground-floor only, limiting expansion potential. The unit may suit investors seeking steady rental income or a buyer prepared to refurbish to improve appeal and rental value.
Measured optimism is appropriate: this is an income-producing, well-located high-street shop with clear upside from refurbishment or re-letting, but it requires acceptance of local socio-economic constraints and a small footprint.
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