Summary - Flat B, 9, St. Marys Street OX10 0EL
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime Wallingford town centre location with high foot traffic.
- Current use as two ground-floor retail spaces (charity shop and ladieswear).
- Planning permission granted for conversion of upper floors to four 1-bedroom apartments.
- Excellent rental potential with total passing rent of £36,500 + VAT.
- Freehold with no onward chain, offering immediate investment opportunities.
**Concerns:**
- Limited lease duration on retail spaces (3 years left).
- Above-average crime rate in the area.
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Discover an exceptional investment opportunity in the heart of Wallingford, a vibrant market town along the Thames. This attractive Georgian-style commercial property currently houses two retail spaces, generating a total rent of £36,500 + VAT, making this an ideal choice for investors or business owners looking to capitalize on the commercial landscape. With planning permission secured for converting the first and second floors into four 1-bedroom residential apartments, the property's potential for rental income is substantial, appealing to both long-term investors and first-time buyers interested in a future residential conversion.
Although the property is being sold chain-free, it’s important to note the remaining term on the retail leases, which may pose financing challenges for some buyers. Located within a thriving community with excellent amenities, including schools with good ratings and diverse dining options, Wallingford offers charm and convenience. The unique combination of commercial and residential potential creates an exclusive opportunity not to be missed. Act fast to secure this versatile property before it’s gone!
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