Commercial property ready for investment

Investment Consideration: Gross Initial Yield: 8.47% Current Rental Income: approx. £102,720 p.a. Two-storey residential block of 10 x 1 bedroom, 5 x 2 bedroom and 1 x 3 bedroom flats which benefit from ample parking spaces, managers offices and large outdoor communal area. Located in a semi rural location with close by shops, train station and A57 / M1 motorway network.

A great investment property, Spacious premises which have been adapted and converted to provide a ground floor shop premises with two self-contained first floor flats above. The shop supports an established mini market business and the flats are let on Assured Shorthold tenancies - all currently occupied. The property is conveniently located on Steeley Lane, a short walk away from the Town centre, train and bus stations providing excellent commuter links. This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This exceptional freehold property presents a rare chance to acquire a character-rich retail unit in the heart of Eccleshall’s vibrant High Street with guaranteed income from a well-established tenant. EPC Grade C Council Tax Band - Not Yet Available