Summary - 13 13 63 Newland Street, Witham, Essex, CM8 1AA CM8 1AA
1 bed 1 bath Commercial Property
**Standout Features:**
- Historic Grade II listed building in Witham town center
- Comprises three shops, upper floors, a large car park, and a storage building
- Current income of £28,180 per annum with potential to reach £45,303 per annum
- Redevelopment potential for residential accommodation (subject to planning permissions)
- Located within easy reach of numerous amenities, including schools and shops
**Concise Summary:**
Discover a unique commercial investment opportunity at 63 Newland Street, Witham—this historic Grade II listed property boasts strong rental potential with three shops, including a currently vacant space, alongside a wine bar and a photo-framing center. The extensive plot, approximately 0.3 acres, includes a sizable car park with current annual income from parking spaces, making it an attractive investment.
With a total area of 2,780 square feet, this property provides ample space for redevelopment possibilities, particularly the upper floors and car park, to create residential accommodation, pending requisite permissions. While the first floor previously served as residential space, it presents great opportunity with local amenities just a short walk away.
However, it’s essential to consider that renovations on listed buildings can be challenging and that the current economic climate may impact maintenance strategies. Secure this property at auction on June 12, 2025, and envision the potential that awaits. Don’t miss out on this rare opportunity to invest in a property that combines historical charm with modern income generation.
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