Summary - 31b, Stone Street, CRANBROOK TN17 3HF
1 bed 1 bath Commercial Property
**Standout Features:**
- Grade II Listed mixed-use property
- Ground floor occupied by BUPA Dental Services
- Total gross rental income of £31,700 per annum, reflecting a 7.04% yield
- Freehold tenure with joint residential accommodation above
- Prime location on Stone Street, surrounded by shops and eateries
- Potential for rental growth upon lease renewals
**Summary:**
Discover a unique investment opportunity in the heart of Cranbrook with this Grade II Listed mixed-use property, perfectly situated on the bustling Stone Street. This expansive building offers a steady income stream, currently housing the reputable BUPA Dental Services on the ground floor, with residential flats above. The property captivates with its classic Georgian architecture, featuring period details and a high-spec finish.
Investors will appreciate the strong gross rental yield of 7.04%, alongside exciting prospects for rental growth upon tenant renewals. With two residential flats, this mixed-use setup is ideal for those seeking both commercial and residential income. The advantageous location in an affluent market town ensures accessibility and foot traffic, ideal for business ventures.
While the property holds great appeal, it is important to note the challenges associated with its listed status. Additionally, potential buyers should consider ongoing maintenance typical of older buildings. However, this presents an excellent opportunity for those looking to invest in a versatile property with both immediate rental income and future development potential. Don’t miss out on this prime asset—such unique listings in high-demand areas won’t last long!
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