Summary - 16, MARKET STREET SY12 0AN
1 bed 1 bath Retail Property (high street)
Freehold shop with 1-bed flat above — income-producing, chain free, small town-centre plot..
- Freehold high-street property with retail and 1-bed apartment above
- Currently let; advertised circa 10% yield (income-producing)
- Large glass-fronted shop with rear workshop and shower facility
- Self-contained apartment accessed via side passage and spiral stairs
- Compact total area ~443 sq ft; small plot and courtyard only
- On-street parking only; no off-street parking provision
- Chain free to purchase but tenant in situ, so no guaranteed vacant possession
- Fast broadband, excellent mobile signal; low flood risk
A rare high-street freehold in Ellesmere, this Victorian terraced property combines a glass-fronted ground-floor retail unit with a self-contained one-bedroom apartment above. Currently let and returning an advertised yield of around 10%, the building offers immediate rental income and simple management in a busy market-town location. The shop has good display frontage and a rear workshop/store with a sink and shower — useful for trades, grooming, or storage.
The upper apartment is accessed via a side passage and spiral staircase and is occupied by a long-term tenant, offering continuity of income but meaning vacant possession cannot be guaranteed on purchase. Accommodation is compact (total approx. 443 sq ft) and well maintained, with a modern kitchen and a large double bedroom with eaves storage. Outside space is limited to a small courtyard and on-street parking only.
This is a straightforward investment for a buyer seeking a low-complexity, town-centre asset: freehold tenure, no onward chain, fast broadband and excellent mobile signal support lettability. Prospective purchasers should note the property’s small footprint and single-bedroom apartment when modelling returns; there may be modest scope to increase rent or reconfigure internal layouts subject to planning and compliance checks.
Material considerations: the building is in a town-centre conservation of scale (Victorian terraced frontage) and has average local crime and average area deprivation. Buyers should carry out surveys and tenancy checks, and confirm whether any change-of-use or physical alterations would need consent.
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