Summary - FRANKLIN CENTRE, 21, HIGH STREET PE23 5JH
1 bed 1 bath Commercial Property
**Standout Features:**
- Mixed-use property: 4 retail units and 3 one-bedroom flats
- Prime location in the bustling center of Spilsby
- Freehold tenure, allowing for flexible ownership
- Potential rental income: current combined rent of flats is £1,168/month
- Traditional brick facade with modern commercial aesthetics
**Concerns:**
- Some retail units currently vacant or owner-occupied, requiring tenant acquisition
- Average broadband speeds may not suit all business needs
Experience the investment potential of The Franklin Centre, an expansive mixed-use property perfectly situated on Spilsby's vibrant High Street. This character-rich building features four versatile retail units complemented by three one-bedroom flats, all designed to cater to thriving market town activity. Currently offering a combined rental yield of approximately £1,168 per month from the flats, the property presents an incredible opportunity for landlords or entrepreneurial buyers looking to tap into the local market.
Supported by an array of nearby amenities—from shops and eateries to schools rated "Good"—the location is ideal for nurturing family-friendly living or retail success. Whether you're an investor seeking rental income or a business owner hoping to capitalize on prime high street exposure, this property accommodates both ambitions. However, interested parties should note potential vacancies in retail units that call for new tenants, providing both a challenge and an opportunity for a savvy buyer. Don’t miss this chance to make your mark in Spilsby—secure your position in this enticing market today!
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