Summary - 53, HARBOUR STREET IV30 5RU
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime location on bustling Harbour Street, Hopeman
- Currently operates as a successful Chinese takeaway
- FRI Lease with 7 years remaining, generating £8,320 annual rental income
- Versatile layout: includes a reception area, fully-equipped commercial kitchen, and storage space
- Proximity to local amenities and the beach, enhancing foot traffic
- Off-street garage parking available
- Potential for various business ventures
**Concerns:**
- 7 years left on the lease may limit mortgage lending options
- Property requires modernization and updates to enhance appeal
This commercial property offers a unique investment opportunity in the vibrant seaside village of Hopeman, currently functioning as a popular Chinese takeaway. With a strategic high street location, the premises encompass a welcoming reception area, a fully-equipped kitchen, and additional utility space, all within 65 square meters of functional layout. The existing FRI lease guarantees a solid annual rental income of £8,320, provided until 2030, allowing for a hassle-free ownership experience as the tenant is responsible for maintenance and insurance.
Just steps from Hopeman's stunning beach and local amenities, this property lends itself to substantial foot traffic and visibility, perfect for attracting customers year-round. While the structure needs modernization and may pose challenges for mortgage lending due to the remaining lease term, the potential for diverse business ventures remains promising in this thriving coastal community. Act quickly to seize this opportunity and capitalize on Hopeman’s growing tourism appeal!
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