Rare shop and flats package with parking and strong refurbishment potential.
Long lease remaining (837 years) offering long-term security
This mixed-use Victorian terrace offers clear income potential for investors or operators seeking a shop with two self-contained flats. The long lease (837 years) and separate commercial kitchen make the property immediately suitable for a retail or hospitality business alongside residential lets. Natural light, a bright modern reception, and a garage/yard add usable space and appeal.
Internally the layout is versatile: a ground-floor shopfront with large open plan space, cellar storage and a dedicated commercial kitchen, plus two self-contained flats (one arranged as two bedrooms, the other as one bedroom plus reception). The property measures about 1,023 sq ft in total and includes parking and a secure rear yard—practical for deliveries or tenant parking.
Important factual considerations: the property sits in a very deprived area with high local crime rates and a local demographic profile dominated by social-renting young families. These factors may affect rental demand, tenant mix and insurance costs. The building is described as a potential fixer-upper; although parts are modernised, further refurbishment or fit-out may be required to maximise rental or trading income.
Overall this is a workable investment for buyers comfortable operating in an urban, high-need neighbourhood. The long lease and mixed commercial/residential configuration provide multiple income streams, but buyers should factor in area challenges, refurbishment costs and management needs when assessing yield and exit plans.
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