Summary - 3 Guildhall Court,Guildhall Street,GRANTHAM,NG31 6NJ NG31 6NJ
1 bed 1 bath Commercial Property
**Standout Features:**
- Location: Prime town center, near George Shopping Centre and Market Place
- Type: Edwardian/Victorian commercial property
- Size: Approximately 307 sq. ft. (33.12 sq. m.)
- Investment Potential: Currently tenanted with an estimated gross yield of around 8%
- Accessibility: Excellent road and rail connections, fast broadband, and excellent mobile signal
- Condition: Chain-free sale, mains services connected
**Potential Concerns:**
- Crime rate: Very high in the area
- Local deprivation: The area classification is considered deprived
- Decor/Condition: Age of the property may require updates or renovations
This charming commercial property offers an excellent opportunity for investors seeking a well-located retail space in a bustling market town. Situated in a prime position within an attractive courtyard precinct, this unit has a rich Edwardian/Victorian character, providing possibilities for various retail uses or as part of an investment portfolio. With a generous size of approximately 307 sq. ft., the property features two prominent bay windows that enhance visibility and appeal.
While the surrounding area has notable challenges such as high crime rates and economic deprivation, it is a rapidly developing location that benefits from a large shopping population and strong transport links to major cities, including a fast connection to London. This property is currently let to a stable tenant, making it a smart choice for those looking for immediate rental income with competitive yield potential. Act fast to seize the opportunity to invest in a commercial space with promise; it won’t last long on the market!
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