Summary - Flat 1, 3, Church Street WR14 2AA
1 bed 1 bath Commercial Property
**Key Features:**
- Mixed-use investment property (five flats + commercial premises).
- Generating a gross rental income of £58,440 per annum.
- Centrally located in the affluent area of Great Malvern (postcode WR14 2AA).
- Guide Price: £850,000.
- Excellent mobile signal and fast broadband.
- Strong local business community with a variety of shops and amenities nearby.
- Parking available at the rear of the property.
- Ten years remaining on commercial lease, but lenders may view it as a concern.
This striking mixed-use investment property is nestled in the heart of Great Malvern, presenting a prime opportunity for investors seeking a robust rental yield. Boasting five residential flats alongside commercial space, this property stands as a pillar of the local community, generating an impressive income of £58,440 per year. While the commercial premises are leased until 2033, with a break clause in 2024 and 2028, potential mortgage challenges stemming from the remaining lease may need further investigation.
The flats offer light-filled spaces with modern interiors, while the ground floor commercial unit possesses ample potential for retail or office use in a lively setting surrounded by independent businesses and national brands. With the Malvern Hills, a designated Area of Outstanding Natural Beauty, just a stone’s throw away, your investment not only promises current returns but also benefits from future potentials such as renovations or extensions to enhance value. This property is remarkably spacious and represents a solid investment in a thriving area. Don't miss this unique opportunity—properties like this don't last long in Great Malvern!
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