Summary - 14 Westgate,GRANTHAM,NG31 6LT NG31 6LT
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime location in bustling Grantham town center near the marketplace and High Street
- Mixed-use portfolio of six fully-leased properties generating an income of £33,700 p.a.
- Includes 5 retail units and 1 restaurant, enhancing business visibility
- Potential for further growth and alternative uses for specific properties
- Large plot size with future renovation and development opportunities
**Concerns:**
- Grade II listed status may limit renovation options
- High crime rate in the area
- Deprivation classification may impact neighborhood appeal
Discover a unique commercial investment opportunity that offers both immediate cash flow and substantial growth potential in the heart of Grantham. This mixed-use portfolio comprises six properties, including five retail units and a charming restaurant, all strategically located near the bustling marketplace and High Street. Currently generating an annual income of £33,700, these properties are fully leased, making this an attractive prospect for savvy investors.
With several notable amenities just steps away and excellent road and rail links connecting Grantham to major hubs, this location benefits from high foot traffic and business visibility. Additionally, there's potential for alternate uses, particularly at 14A Westgate, providing the flexibility to explore innovative business strategies or improvements.
However, it's important to note the challenges presented by the Grade II listed status, which may limit renovations, and the area's high crime rate, factors that require consideration for any potential buyer. Don't miss the chance to invest in this versatile asset—properties like this won’t stay on the market for long!
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