MIXED USE INVESTMENT The ground floor retail will be offered with vacant possession but has scope to generate £12,000 pa The first floor flat is let on AST producing £690 pcm ( In occupation since 2021 ) but has scope to be increased to £800 pcm in line with current market rents. The top floor flat is let on AST producing £690 pcm ( In occupation since 2021 ) but has scope to be increased to £825 pcm in line with current market rents. We understand the AST in includes Water /sewage and the night store winter heating charge. DEVELOPMENT | SCOPE TO EXTEND The ground floor retail area has scope for conversion into 1 or 2 residential units. Both flats would now benefit from basic updating and there is potential to rearrange the layout and improve in order to increase the rental income. Please refer to independent rental appraisal . Interested parties will note the large roof terrace on the first floor and the air space above which has potential to be developed into either additional units or to extend the existing flats. We understand no planning of this nature has been recently sought - interested parties to make their own investigations. All above subject to gaining the necessary consents. REDUCED PRICE FOR AUCTION The property was previously listed with respected local commercial agents for £425,000 and is now offered with a reduced guide price for a sale by live online auction.