Summary - SHOP, 14-16, CUMBERLAND ROAD PA16 0TW
1 bed 1 bath Shop
Turnkey income with renovation upside on a busy high street.
- Freehold shop on busy Cumberland Road with strong daytime footfall
- Currently tenanted at £1,334 pcm (£16,015 pa)
- Low rateable value of £4,600 lowers ongoing costs
- 17 years remaining on lease — may hinder mortgage lending
- Long-term tenant in situ; next rent review due 2028
- Exterior shows graffiti and visible wear; needs renovation
- Being sold at auction — immediate sale and offers possible
A compact freehold shop on Cumberland Road offered as a tenanted investment with immediate income. The property is let at £1,334 pcm (£16,015 pa), giving an attractive gross yield at the guide price and a low rateable value of £4,600 that helps reduce running costs.
The unit sits on a busy main road with strong daytime footfall and good visibility, a clear advantage for retail tenants. Accommodation includes a service desk, kitchen, office space and WC; the current long-term tenant provides stable cashflow and a next rent review in 2028.
Buyers should note material drawbacks: there are 17 years remaining on the lease, which may restrict mortgage finance options and deter some lenders. The exterior shows visible wear and graffiti and the interior will need renovation to raise rental value or repurpose the unit.
This lot will be sold at auction and is offered as a value purchase for investors who can buy with cash or have specialist commercial financing. The property is best suited to investors seeking an income-producing asset with short-to-medium term asset management potential rather than an owner-occupier requiring mortgage finance.
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