Summary - 22, MARKET STREET WS13 6LH
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Freehold retail investment generating £17,500 per annum
- Occupied by St Giles Hospice with a lease until November 2028
- Vacant upper floors with potential for residential conversion (subject to planning)
- Grade II listed building in a bustling pedestrian area
- Current EPC rating of D
**Notable Concerns:**
- 5 years remaining on the lease could affect mortgage options
- Grade II listing may complicate renovations
- Very high local crime rates
**Summary:**
Discover a unique opportunity to own this attractive Grade II listed retail property in the vibrant heart of Lichfield City Centre. With a reliable tenant in place, St Giles Hospice, this investment generates a steady income of £17,500 per annum until 2028. The property features a charming brick facade and offers the potential to enhance your investment through the vacant upper floors, which can be converted into residential units (subject to planning approval).
Situated in a bustling area with excellent foot traffic, this property stands ready to deliver both immediate rental income and future development possibilities, catering to both investors and those looking to capitalize on a high-demand residential conversion. Take advantage of this unique offering, but act fast—opportunities like this are rare in such a central location!
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