FREEHOLD MIXED-USE INVESTMENT – TWO INCOME STREAMS.
Total current income: £750 pcm (£9,000 per annum).
Description
An excellent opportunity to acquire this freehold mixed-use property prominently positioned on Main Street, comprising a ground floor retail unit and a self-contained two-bedroom first floor apartment, both currently let and generating immediate income.
Investment Summary
Freehold
Ground floor shop – Let at £325 pcm (£3,900 per annum)
First floor 2-bed flat – Let at £425 pcm (£5,100 per annum)
Total current income: £750 pcm (£9,000 per annum)
Two separate income streams
Established high street location
Ground Floor – Retail Unit (Shop floorplan to follow.)
The ground floor comprises a traditional high street retail unit with prominent frontage onto Main Street, benefiting from pedestrian and passing traffic. The premises are currently tenanted at £325 per calendar month.
First Floor – Two Bedroom Apartment
(Self-contained with separate access)
The first floor flat briefly comprises:
Entrance hall with staircase to landing
Living room (4.11m x 3.66m)
Kitchen (2.10m x 1.79m)
Bathroom (1.83m x 1.63m)
Bedroom One (3.66m x 3.56m)
Bedroom Two (3.19m x 1.79m)
The apartment is currently let at £425 pcm and provides a well-proportioned two-bedroom layout suitable for long-term tenants.
Location
Situated within the established commercial area of Main Street, Mexborough (S64), the property benefits from a mix of independent retailers, service providers and residential accommodation. The area supports consistent tenant demand for both residential and retail premises.
Auctioneers Note
Freehold title
Sold with tenants in situ
Immediate income-producing asset
Suitable for investors seeking mixed-use diversification
Tenure: Freehold
EPC Rating: 48A - D and 48 - ordered
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0114 223 0777 for more information
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