Fully let Victorian mixed‑use unit with strong yield and immediate rental income.
Fully let mixed‑use building: two shops and one flat producing £22,200pa gross
A compact, fully let mixed‑use investment on a prominent Widnes corner, generating £22,200pa gross. The two ground‑floor retail units and a first‑floor flat deliver an immediate income stream and offer scope for rental growth in a busy retail centre. The property is freehold and sold at a price which represents a gross yield in excess of 10.5% before costs.
Practical positives include pedestrianised frontage, large glazed shopfronts, vehicular access to the side and rear and a large public car park immediately behind the building. Services are connected (mains electricity, water and drainage) and each let unit has WC facilities. The flat is presented in neutral, recently redecorated condition which reduces immediate refurbishment costs for landlords.
Important considerations: the building footprint is small with limited scope for expansion and there are multiple long leasehold titles which may complicate conveyancing. The location records very high crime levels and sits in a very deprived local area; these factors will influence tenant mix, insurance and long‑term capital growth. Some internal elements (basic kitchen, lighting and heating checks recommended) may need upgrading to drive higher rents.
This is an entry‑level, income‑producing purchase aimed at investors seeking immediate cashflow and upside through active management or modest refurbishment. VAT is not applicable.