Summary - CROWTHER HOUSE, THE QUADRANT SK17 6AW
1 bed 1 bath Commercial Development
**Standout Features:**
- **Property Type**: Freehold commercial development with potential for residential conversion
- **Unique Architecture**: Georgian and Victorian features enhance historical charm
- **Gross Revenue Potential**: Established holiday accommodation business with high occupancy and additional income streams
- **Prime Location**: Situated in a vibrant, cosmopolitan student neighborhood with excellent mobile connectivity
- **Solid Tenant History**: Long-standing blue-chip tenant provides stable income
**Concerns:**
- **High Crime Rate**: Location has been categorized as high crime
- **Area Deprivation**: The local area rates as deprived, which could impact resident appeal
- **Renovation Needs**: Potential for updates in line with modern standards
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This remarkable freehold commercial property in the heart of a bustling student neighborhood offers an excellent investment opportunity with a rich history reflected in its Georgian and Victorian architectural features. Currently housing three successful high-end holiday accommodations and a residential apartment, this property has demonstrated revenue potential, generating over £72,000 annually, with an adjusted EBITDA of £25,000. The established accommodation achieves a 55% occupancy rate, paving the way for further revenue growth through increased online marketing and advertising.
For retirees or investors looking to seize a unique opportunity, this property not only provides a chance for solid revenue but also offers future renovation potential. Despite some challenges, including high local crime rates and area deprivation, the thriving local amenities and community infrastructure make this a valuable asset. With offers invited to facilitate retirement plans, this rare opportunity won’t last long—don’t miss your chance to make this historical gem your next investment.
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