Town-centre block with parking and immediate income potential.
Passing rent £35,636 per annum
A substantial mixed-use investment in the centre of Conisbrough, this brick-built building combines multiple ground-floor retail units with three upper-floor flats and a detached former barn. The property produces a passing rent of £35,636 per annum and includes a private surfaced yard providing five off-street parking spaces — an uncommon asset in this town-centre setting.
Accommodation includes two ground-floor shop/professional units currently occupied, three flats (two x 2-bed, one x 1-bed) with double glazing and gas central heating, and a detached barn that is already fitted internally and could be used as a residential unit or converted for income use. The mixed layout gives flexibility to improve income through re-letting, rent reviews or remodelling the barn and ancillary spaces.
Key risks are factual: the area records higher crime levels and the neighbourhood is relatively deprived, which can affect long-term rental demand and yields. The building presents a dated mid-20th-century commercial appearance and will benefit from targeted refurbishment; some units show standard commercial fit-outs and require upkeep to maximise value. Tenure details are not provided and should be confirmed prior to exchange.
This is a practical opportunity for an investor seeking immediate income with short-term upside from asset management: improve void management, upgrade retail frontages and complete sensible refurbishments to increase rental values and appeal to local tenants.
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