Two income-producing retail and residential units close to Orchard Shopping Centre.
Fully let mixed‑use freehold producing immediate rental income
Busy commercial parade with strong pedestrian and vehicular exposure
Combined size approximately 1,994 sq ft (185.25 sq m)
Single parking space and small paved yard with segregated garden beyond
Shop leases on effective FRI terms; passing commercial rents £9,000 pax each
One flat on assured tenancy since 1999; one flat on periodic tenancy
EPC C70 for commercial; flat EPCs and some services TBC
Area records above‑average crime; some units may require refurbishment
This pair of adjoining mixed‑use freeholds on Sussex Road offers an immediate income stream from fully let ground‑floor shops and upper‑floor flats. Positioned on a busy commercial parade close to the Orchard Shopping Centre, the properties benefit from strong footfall, good transport links, and excellent mobile and broadband connectivity — a pragmatic choice for yield‑focused investors.
The combined accommodation extends to 1,994 sq ft and includes retail/office frontages with first‑floor self‑contained flats. Both shop units are held on effective FRI leases; the flats are let (one assured tenancy in occupation since 1999, one periodic tenancy). The commercial element has an EPC C70; flat EPCs are to be confirmed. There is a single parking space at the far end of the rear garden and small paved yard/segregated garden beyond.
Notable considerations are factual: the area records above‑average crime levels, one flat remains on a long‑standing assured tenancy with modest rent, and some internal areas may benefit from updating to maximise rental value. Rateable values and current passing rents are provided for clarity. The lots are available to buy together or separately, offering flexibility for portfolio purchasers or owner‑occupiers seeking immediate income.
Overall, the opportunity suits investors seeking hands‑on mixed retail/residential holdings in a prominent town centre location, with scope to enhance returns through active management and selective refurbishment.
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