Excellent investment opportunity to purchase this mixed-use building including a commercial unit on the ground floor (on the high street) and upper parts offering 5 en-suite rooms and a kitchen. The property has been refurbished to a high standard and is expect to achieve the following returns:
Commercial rental yield: £14,000 pa (currently tenant on a 3 year terms outside the landlord and tenant act)
Residential rental yield Estimated at £40,000 pa
Additional potential to extend (stpp) the roof and create 2/3 additional rooms. Planning is currently in the pipeline of being sought for a loft extension.
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