Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a mixed-use investment opportunity with evident asset management potential occupying a prominent high footfall pitch.
Arranged as a ground floor and basement retail unit with 2 x large two bedroom flats to the upper parts, the property is part let, with one flat let on an Assured Shorthold Tenancy (AST) at £9,600 per annum (£800 pcm). The remainder of the property is vacant offering evident asset management potential via letting, with the commercial unit suitable for a variety of occupiers. We consider the property has an estimated rental value (ERV) of approx. £40,000 per annum.
The property occupies a prominent high footfall pitch in the centre of Melksham close to the junction with the High Street and Lowbourne. The surrounding area is characterised by similar mixed-use properties with nearby occupiers including Costa, Iceland and Greggs.
Tenure
Freehold