Income-producing mixed-use building in central Mountsorrel, suited to hands-on investors.
Freehold mixed‑use unit with ground‑floor cafe and self‑contained flat above
Set in Mountsorrel village centre, this freehold mixed‑use building combines a ground‑floor commercial outlet and a self‑contained flat above. The café/coffee shop currently produces a combined rent of £18,540 per year, quoted as an approximate 8% gross yield at the asking price — a clear income-generating opportunity for an investor willing to be hands‑on.
The ground-floor retail area extends to about 508 ft² with a rear store and WC; the first-floor flat offers an open plan living/dining/kitchen, separate living room, shower room and useful loft space. Features in the flat include exposed brick and beams, a freestanding wood-burning stove, skylights and a courtyard entrance that could accommodate a small car.
Important practical considerations: the commercial tenant is secured on a six‑year lease dated 7 November 2024. Many mortgage lenders are likely to refuse lending where only a few years remain on a lease, so purchaser funding should be clarified before offer. The property shows signs of age and will benefit from some refurbishment to maximise rental value.
Location strengths include central village footfall, fast broadband, excellent mobile signal and proximity to schools and local amenities. Notes for investors: the area is generally affluent but recorded above-average crime locally; potential buyers should satisfy themselves on tenancy terms, service arrangements and any required repair or conversion costs.
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