Summary - 1, HIGH STREET LS27 8AA
1 bed 1 bath Commercial Development
**Standout Features:**
- Prime mixed-use investment property in Morley Town Centre
- Fully tenanted with a steady annual income of £15,600
- Retail unit on ground floor currently operated as a barber shop
- One-bedroom maisonette on the first floor
- Enclosed yard and separate office space enhance usability
- Victorian brick facade with period character
- Excellent visibility on a busy roadside location
**Concerns:**
- High local crime rate may impact desirability
- Area classified as "hampered aspiration" and "deprived"
This impressive mixed-use investment property at 1 High Street, Morley presents a unique opportunity for investors looking to acquire a fully tenanted asset in a bustling town center. The property features a well-maintained retail unit, currently serving a steady clientele as a barber shop, and a comfortable one-bedroom maisonette above, perfect for generating additional rental income. With a total area of 1,282 square feet, this corner lot ensures excellent visibility and foot traffic, providing potential for future rental uplifts.
Although the local area faces challenges such as a high crime rate and general economic constraints, the property’s location in a vibrant community surrounded by numerous amenities—including shops, restaurants, and public transportation—makes it attractive to both tenants and future buyers. Don’t miss this opportunity to secure a sizable freehold in a premium spot, ideal for long-term investment or redevelopment potential. Act fast, as opportunities like this don’t stay on the market for long!
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