Ground floor commercial unit with yard/parking and first floor one bedroom flat with lounge/kitchen, bathroom and bedroom. Based on the current flat rental and the most recent shop rent this would be a 6.3% rental yield at asking price. Planning permission for redevelopment to create 4 dwellings.

Ground floor commercial unit with yard with parking and first floor one bedroom flat with independent entrance from the rear, lounge/kitchen, bathroom with corner bath with shower over and bedroom. The flat is let at £750 per calendar month and the shop had been let until recently at £825 monthly so the property was generating £18,900 per annum (6.3% rental yield at asking price).

The commercial unit has just become vacant and it is anticipated that a higher rent may be able to achieved.

Planning permission has been obtained to create a total of 4 residential dwellings by converting the existing shop into residential and create 2 additional dwellings on the site. The reference for the planning application is MC/23/0782.

The illustrative image shown is a CGI of the proposed development. Please note that the images of the first floor flat date from before the start of the current tenancy (it is now occupied) and the ground floor photos date from the end of the tenancy of the last commercial tenant.

Ground Floor Commercial Unit EPC rating E 117

First Floor Flat EPC rating E