This exceptional detached mixed use property presents a rare investment opportunity in a sought-after location, offering a versatile and optimisable rental portfolio for discerning buyers.
The property comprises four well-proportioned commercial assets on split across two floors, each currently configured to accommodate a range of business types, providing steady income streams and flexibility for future reconfiguration or expansion, subject to the necessary planning permissions and Permitted development (SSTP/PD).
There are two spacious one-bedroom flats, both with tenants in situ, ensuring immediate rental returns and making this an ideal investment. Each residential unit is thoughtfully laid out to maximise space and natural light, offering comfortable living arrangements that appeal to professional tenants seeking convenience and quality. The property benefits from rear access with dedicated parking, enhancing the appeal for both commercial and residential occupants and adding further value to this already impressive asset.
With scope for further development, subject to planning, this property offers significant potential for capital growth and increased rental yields, whether through reconfiguration, extension, or alternative use of the existing spaces.
The mixed use nature of the building provides a stable and diverse income profile, reducing risk and ensuring consistent returns in changing market conditions. Investors will appreciate the opportunity to optimise rental income through active management, refurbishment, or re-letting at prevailing market rates.
The commercial units are suitable for a broad spectrum of uses, including retail, office, or service-based businesses, making them attractive to a wide range of prospective tenants. The residential accommodation benefits from separate access, ensuring privacy and convenience for occupants while facilitating straightforward property management.
This property’s strategic layout and location make it an excellent choice for investors seeking to expand or diversify their portfolio with a high-yield, low-maintenance asset. The current configuration allows for immediate income generation, while the underlying development potential offers exciting possibilities for the future.
Whether you are looking to secure a reliable, long-term investment or explore value-add opportunities, this mixed use property delivers on all fronts.
Early viewing is highly recommended to appreciate the full scope of this unique offering and to explore the many ways in which it can be tailored to meet your investment objectives.
For further information or to arrange a viewing, please contact our office at your earliest convenience.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being
shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc
VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp
Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to
pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.