Summary - 84 - 86 HIGH STREET SOUTHWOLD IP18 6DP
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime retail investment on Southwold's High Street
- Secure 10-year lease to Mountain Warehouse Ltd (until 2027) at £70,000 annual rent
- Planning permission for upper floor conversion into a flat
- Total area: 1,225 sq ft with substantial commercial frontage
- Prime location with tourist traffic and nearby national retailers
**Potential Concerns:**
- Only 4 years remaining on the lease may deter mortgage lenders
- Upper portion currently used for storage, requiring renovation for residential use
**Summary:**
Discover an exceptional investment opportunity in the heart of Southwold, a vibrant coastal town known for its thriving tourist flow. This attractive mixed-use property features a prominent retail space, currently generating a robust income from a secure lease with Mountain Warehouse, and has planning consent to convert the upper level into a residential flat. With ample room across both levels, totaling 1,225 sq ft, the potential for additional income is significant. The surrounding area boasts a diverse array of shops, restaurants, and amenities, enhancing its appeal to both customers and future tenants.
However, investors should note the remaining lease term of only four years, which may present challenges for financing options. This property combines commercial success with promising residential potential, making it a compelling choice for savvy investors looking to capitalize on one of North Suffolk's most desirable locations. Act quickly—opportunities like this in Southwold are rarely available for long!
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