Part-let town-centre investment with conversion potential and immediate upside.
Freehold high-street investment with two retail units and upper-floor offices
A central high‑street freehold comprising two retail units with self-contained offices above, offered at auction. One ground-floor unit (No.29) is let to an estate agent at £9,250 pa (lease from March 2023), while the remainder is vacant, giving immediate income plus short-term re-letting or conversion potential.
The mid-terrace property fronts Library Street, close to the Town Hall and transport hubs, benefiting from consistent passing traffic and town-centre footfall. The upper floors (first and second) are described as suitable for alternative uses or residential conversion subject to consents, offering value-add upside for an investor or developer comfortable with planning and refurbishment.
Buyers should note material considerations: the lot will be sold at auction (immediate deposit and fees required), parts of the building are vacant and will need works, heating is by electric room heaters, and the area scores high on deprivation indices. EPCs vary across the property (E and C ratings), and on-street parking only. This is a clear opportunity for an investor seeking a central, owner-occupier/development play with near-term rental and medium-term conversion potential.