Summary - 31, CHURCH HILL ROAD EN4 8SY
2 bed 1 bath Retail Property (high street)
Secure rental income with refurbishment upside in a busy town parade.
Freehold mixed‑use building: retail ground floor, duplex apartment above
A rare freehold mixed‑use opportunity on Church Hill Road, offering immediate rental income and clear upside. The ground‑floor retail unit is let on a 15‑year lease granted in 2021, providing a secure base rental of £8,400 pa. Above, a two‑bedroom duplex apartment with separate access adds residential income or owner‑occupier potential.
The retail space is compact with a generous rear yard/parking area — the shop main area measures approximately 29'1 x 13'4, plus ancillary office and toilet. The duplex flat includes a lounge, fitted kitchen, two bedrooms and a bathroom; recent double glazing and gas central heating are already installed. The building’s brick construction (c.1900–1929) and town‑centre location support steady tenant demand.
Investors will value the mixed‑use income stream and freehold tenure in a busy high‑street parade with good transport links and local amenities. There is potential to increase value through active management, refurbishment of the retail frontage or improving the apartment’s finish to raise rents.
Buyers should note material considerations: the property has solid brick walls likely without cavity insulation, meaning retrofit costs may be needed to improve thermal performance. The area records above‑average crime and the plot is small, so on‑site expansion options are limited. The retail unit’s current rent reflects its size; any immediate uplift will likely require re‑letting or refit.
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