Summary - Flat C, The Rear Courtyard, 26 High Street SP7 8JG
1 bed 1 bath Shop
**Standout Features:**
- Traditional mid-terraced Grade II Listed building
- Total area of 3,771 sq ft with mixed-use potential
- Ground floor currently leased to Ladbrokes with a rental income of £27,500 pa
- Upper floors offer conversion opportunities for residential use
- Rear access and off-street parking available
- Located in an affluent market town with excellent amenities
**Concerns:**
- Mortgage lenders may have issues due to the short lease (4 years remaining)
- High crime rate in the area
- The property needs modernization and overall redevelopment
**Summary:**
Discover a unique investment opportunity in the heart of Shaftesbury at this Grade II Listed property situated at 44 High Street. This charming building features a spacious 3,771 sq ft layout, currently operating as a commercial unit on the ground floor with a reliable tenant, providing an immediate rental income of £27,500 per annum. The upper two floors hold significant potential for residential conversion, allowing you to capitalize on the growing demand for housing in this desirable area.
While the property does require some modernization and carries a limited lease term that may pose funding challenges, it presents a versatile canvas for future improvements and expansions. Positioned in a vibrant market town surrounded by essential amenities, this property is ideal for savvy investors looking to blend commercial success with the potential for exciting residential development. With off-street parking and a strategic location near bustling retailers, act quickly—this property, rich with potential, won’t last long on the market!
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