Mixed use investment with retail unit and 6 flats

The property comprises a high yielding mixed use investment opportunity occupying a prominent pitch on a popular arterial route. Arranged as a ground floor retail unit with six flats to the rear and upper parts, the property is let to six tenants producing a combined rent of £67,120 per annum, with one vacant flat offering asset management potential. The ground floor retail unit is let on a new 15-year lease expiring on 04.05.2041 and includes five-yearly RPI linked rent reviews. The residential accommodation comprises five studio flats and one two-bedroom flat, let to private individuals on periodic tenancies, providing a diverse income stream. Flat 399c is currently vacant and offers immediate asset management potential via letting. The property occupies a prominent trading position fronting Shirley Road, with pedestrian and vehicular access to the residential units via both the front and rear. The surrounding area is characterised by a vibrant mix of commercial and residential uses, with nearby national occupiers including JD Wetherspoon, Tesco, and McDonald's.