Summary - 59, HIGH STREET IP16 4BX
1 bed 1 bath Mixed Use
**Standout Features:**
- Prominent mixed-use building with 2 retail shops and 2 residential apartments.
- Fully let, generating a steady income of £29,000 per annum.
- Located in a bustling area close to local amenities and public transport.
- Newly renovated residential flats with modern interiors and excellent natural light.
- Substantial size of 2,998 sq ft, offering potential for future development or alterations.
**Potential Concerns:**
- Above-average crime rate in the local area should be noted.
- Average broadband speeds and council tax rates, which may affect some buyers.
Discover a lucrative investment opportunity with this prominent mixed-use property located at 57-59 High Street in Leiston, Suffolk. This fully let building generates an impressive £29,000 per annum, making it an appealing choice for investors. The ground floor features two retail shops, one with dual frontage, both offering modern interiors and ample space. Above, you’ll find two recently refurbished apartments—one boasting three bedrooms and the other with two—ideal for attracting quality tenants.
Strategically positioned at a busy corner, this property enjoys excellent foot traffic and is just a stone's throw from local amenities including shopping and dining options, schools, and public transport links. The building’s substantial size offers significant potential for future expansion or conversion opportunities, appealing to both seasoned investors and first-time buyers eager to delve into the property market. However, be mindful of the above-average crime rate in the area. Act quickly to secure your stake in this versatile and promising asset, set within a vibrant community that supports both retail and residential living. Offers are invited until 1 pm on Friday, May 9th, 2025—don’t miss out!
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