Summary - Oak Street, Fakenham NR21 9DX
1 bed 1 bath Maisonette
**Standout Features:**
- Mixed-use property with residential and commercial spaces
- Grade II Listed building, rich in historic charm
- Prime town center location with strong foot traffic
- Current rental income of £18,940 per annum
- Includes popular café, Taylor's, with newly secured lease
**Potential Concerns:**
- Grade II Listed status may complicate renovations
- Maintenance may be required to meet tenants' needs and local regulations
**Summary:**
Seize a unique investment opportunity with this expansive mixed-use property located in the vibrant heart of a small town. This Grade II Listed building features Taylor's Café, boasting a rustic industrial style, plus a versatile maisonette above. Together, these areas yield a solid annual income of £18,940, with the café secured under a new five-year lease.
The sizeable property, covering over 1,600 sq ft, is well-situated for foot traffic in an affluent area rich with amenities. Enjoy your morning coffee on the covered terrace or capitalize on the bustling community atmosphere. While the historic status offers distinctive character, it may necessitate careful consideration for future renovations. With current market conditions, opportunities like this are rare. Don’t miss your chance to invest in a property with growth potential and a vibrant existing business portfolio!
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