Substantial renovation and income potential in a busy secondary trading location.
Freehold mixed-use building, approximately 4,180 sq ft total
A substantial mixed-use freehold on Street High Street offering a large ground-floor retail unit with an upper maisonette and two-storey rear stock building. The property totals approximately 4,180 sq ft (retail area cited at 1,701 sq ft) and sits close to Clark’s Village and public car parks, delivering strong secondary trading footfall and easy customer access.
The building is traditional stone, mid-terrace and dated (constructed before 1900) with double glazing of unknown install date and parts heated by an oil-fired community system. Mains water, electricity and drainage are on separate supplies. The site includes off-street parking and a sizeable external/plot area that supports storage, deliveries or reconfiguration.
This is a renovation and redevelopment opportunity aimed at investors or owner-occupiers wanting to add value. The property requires refurbishment throughout — including the maisonette and ancillary areas — and any redevelopment plans will need the appropriate consents. There is scope to modernise retail space, increase rental income or reconfigure the upper accommodation subject to approvals.
Buyers should note material negatives plainly: the building needs renovation, the wall construction is sandstone/limestone likely without insulation, glazing and some services have unknown ages, and the location records a high local crime level. There is no flooding risk. Prospective purchasers must satisfy themselves as appliances, services and structural details have not been tested.
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