Income-producing period shop on Barons Quay entrance — ideal for investors seeking visible retail exposure..
Let to two tenants producing £19,072 pa income
Prime pedestrian frontage at Barons Quay entrance
Freehold; mixed-use, period Tudor Revival façade
Ground tenant rent review July 2026 (RPI or MV, higher)
Planning consent to convert to 1-bed flat has expired
Very high local crime; increased insurance/management risk
Located in a very deprived area; impacts capital growth
Small internal size; limited scope for large-scale redevelopment
Located at the pedestrianised entrance to Barons Quay, 17 Witton Street offers immediate high-footfall exposure on a busy retail pitch opposite national names. The property is a freehold, period timber-framed building with a distinctive Tudor Revival façade that stands out on the high street and suits continuing retail or specialist service uses.
The building is currently income-producing with two fully let ground and first floor units on FRI leases running to July 2029, producing a combined current rent of £19,072 per annum. The ground-floor tenant has an upward-only rent review in July 2026 linked to RPI or market value, providing potential income uplift. Rateable value and 2025/26 multiplier are provided for operating cost considerations.
Practical considerations: the property sits in a very deprived locality with very high crime levels, which may affect tenant mix, insurance costs and long-term capital values. Planning consent to convert to a one-bed flat has expired, so residential conversion would require reapplication. The building has period fabric and limited internal size—suitable for small retail, specialist trades or continued multi-let operation rather than large-scale redevelopment.
For an investor seeking a compact, characterful shop investment in a prime town-centre trading position, this offers immediate rental income, visible retail frontage and short-to-medium term reversionary potential at the 2026 rent review. Buyers should factor in local social challenges and potential management/insurance implications when assessing yield and future value appreciation.
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