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Sold
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The property comprises a high yielding mixed-use investment opportunity situated on a popular street.
Arranged across ground, first and second floors, the property comprises 3 x Retail Units and 6 x Flats and is fully let, producing £44,472 per annum. The commercial units are all let to private individuals trading as a Tea Room, Barbers and Dog Groomers respectively.
The property presents an asset management opportunity with several three bedroom residential units currently producing lower rents than two bedroom flats within the same block. Additionally, there may be opportunities to advance rents on the commercial element.
Market Rasen is a popular market town in Lincolnshire and Queen Street is the principal retail parade.
Tenure
Freehold
Rent