Summary - 7-9, MARKET PLACE BA12 9AY
1 bed 1 bath Retail Property (high street)
Income-producing town-centre asset with immediate rental and refurbishment upside.
Freehold mixed‑use building in central Market Place location
An existing town-centre mixed‑use freehold with an occupied ground‑floor retail unit and two upper flats offered vacant. The ground floor is producing a quoted rent of £12,500 pa from a betting shop; upper floors have potential additional income of c. £20,400 pa, giving a stated gross potential of c. £32,900 pa. The property sits on a busy Market Place pitch with traditional Georgian frontage and period character to the exterior.
Internally the residential accommodation is modest but lettable: one small one‑bed flat and a larger two‑bed maisonette. Finishes are basic — carpeted floors, standard double glazing and central heating — so only limited refurbishment appears necessary to achieve rental levels, though confirmation by inspection is advised. The ground‑floor commercial space is fitted for a gaming/betting use with fixed trade fixtures and a long, narrow plan.
Notable negatives are factual and material: the area records very high crime levels which may affect tenant demand, insurance and management costs. The site provides no external amenity or garden space and the plot is small. Upper flats are accessed via an external metal staircase for at least one unit, which may limit appeal for some tenants and require maintenance.
This asset will suit investors seeking an income‑producing freehold in a market‑town centre location or a buyer looking for a live/work opportunity. Value drivers are the central pitch, immediate rental income, and straightforward refurbishment scope; risks are tenant retention, achieving the advertised residential rents, and managing higher local crime-related costs. Purchasers should verify tenancy details, licences, and service/insurance implications before exchange.
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