Fully let corner property with stable income and asset management potential.
Freehold freehold building with mixed retail and residential units
A rare freehold investment in a prominent corner position on Cricklade Road, offered fully let with two ground-floor retail units and two one‑bed flats above. The property currently produces a reliable £36,000 per annum from established tenants and presents straightforward income with low day‑to‑day management complexity.
The building’s Tudor-style street frontage gives clear kerb appeal and visibility on a busy high street, supporting continued demand from local traders and residents. The flats are described as well maintained, and modern internal features (double glazing, open-plan living) help marketability to renters.
Buyers should weigh clear positives against material local challenges. The wider area is classified as 'hard-pressed ethnic mix' with 'hampered neighbourhoods' locally; the neighbourhood is very deprived and records above-average crime levels. These factors can limit rental growth and attract a different tenant profile, so active asset management and local market knowledge are needed to protect income and capital value.
Overall this is a yield-focused acquisition for investors seeking immediate cashflow from a freehold mixed-use building with scope for revenue or tenancy optimisation, while accepting the socioeconomic and security constraints of the location.
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