Commercial Property Experts

0116 254 1220 | info@andash.co.uk

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Under Offer

Part Let Investment with Upper Floor Conversion Potential (STP)

For Sale: £725,000 for the Freehold

Dual frontage onto High Street and Silver Street

Existing income generated with value add potential

Prominent City Centre Location

Draft upper floor residential scheme available (STP)

The property forms a part three storey, part two storey to its High Street and Silver Street elevation respectively, with interlinking flat roof section. Briefly, the property comprises two retail units at ground floor, incorporating glazed shop fronts, with offices to the upper floors.

the High Street elevation has large glazed panelling to the upper elevation with a brick facade to the Silver Street elevation, incorporating timber framed sash windows. the upper floors are self contained with seperate access, allowing for the potential of conversion to the upper floors (STP). A scheme is currently prepared to provide 2x 1 bedroom and 2x 2 bedroomed apartments. Further details can be provided on request.

18a High Street is currently occupied as a nail salon for a period to expire 28th September 2031 at a passing rent of £17,500 per annum exc. A Tenant only break option applies as at 28th September 2026, with an upwards only rent review as at the 29th September 2026.

The remainder of the property is vacant.

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