We are excited to present this fantastic mixed use investment opportunity. Spacious 1 bedroom flat and commercial unit, located within a prime location in Rotherham.
Property is ready to let / occupy. Perfect for investors looking for affordable mixed use investment opportunity or business owners looking for a spacious unit to occupy.
Property is situated in a prime main street location, benefiting from good daily footfall and is in close proximity to local amenities.
Potential for property to be converted to full residential use, subject to gaining necessary planning permissions.
Location
Rotherham is an increasingly attractive place to live and invest, combining relatively affordable housing with excellent access to Sheffield, the wider South Yorkshire economy and major transport routes. The area is undergoing substantial regeneration, with new homes, town-centre investment and plans for Rotherham Gateway Station helping to improve connectivity and unlock development. Its growing advanced-manufacturing and technology economy, alongside the wider Don Valley Corridor investment programme, is expected to bring significant new jobs, homes and private investment. For residents, that means improving amenities, employment opportunities and connectivity, while investors are attracted by the combination of affordability, regeneration and long-term growth potential.
Accommodation
Property Comprises:
Ground floor: Comprises an open-plan shop or office area with a WC.
Top Floor: 1 bedroom flat, Bathroom, kitchen , living area. Property benefits from ample storage throughout.
Terms
Guide Price: £145,000
For rental purposes, the flat is currently tenanted at £560 p/m (£6,720 p/a). Property could potentially achieve a combined rent of £1,300-£1,500 per annum if commercial unit is let. Excellent high yield potential.
Combined rent potential of £15,600 - £18,000 per annum. Excellent yield potential.
Commercial unit has a rateable value of £2,500, benefiting from 100% small business relief.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.