Summary - 26-28, WOOD STREET LE9 7ND
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime location in Earl Shilton town center
- Two ground floor retail units currently generating an annual rental income of £25,340
- Two first-floor residential flats (one-bedroom and two-bedroom)
- Vacant outbuilding with previous planning permission for residential conversion
- Total size of 2,016 sq ft, providing extensive mixed-use potential
**Summary:**
Explore this unique mixed-use property in the heart of Earl Shilton, featuring two ground floor retail units and two modestly sized first-floor flats. With a total area of 2,016 sq ft, this site is primed for investment—capitalizing not only on the established rental income of £25,340 per annum from the retail spaces but also the untapped potential of the vacant outbuilding, previously approved for residential conversion.
Situated in a bustling commercial environment with essential amenities nearby, this property caters to both business and residential needs, making it perfect for investors and local entrepreneurs. The flats offer comfortable living spaces, while the attractive town center location enhances appeal.
However, prospective buyers should be aware of some maintenance considerations, including required modernization of the flats. Furthermore, the area shows signs of deprivation and is marked by higher than average crime rates, factors that may influence investment strategy. Given the dual income stream and potential for further development, this property represents an excellent opportunity to secure a versatile urban investment. Act quickly, as opportunities like this are rare and in high demand!
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