Summary

Freehold Mixed-Use Investment Opportunity - Property Overview
An excellent opportunity to acquire a freehold mixed-use building comprising a self-contained two-bedroom flat with private rear terrace above and a popular pizza takeaway occupying the ground floor.

Both units are individually let to established tenants, offering a secure and attractive rental income from day one.

The property has recently undergone a full refurbishment, including new external render and compliance with current building regulations, ensuring a modern, well presented investment requiring minimal immediate expenditure.

Accommodation - Ground Floor Commercial Unit:

Fully fitted Pizza Takeaway, including customer service area, kitchen/preparation space, storage, and staff facilities.
Let to a well-established tenant operating a successful local business.
The commercial interior maintenance is the responsibility of the current tenant.

First Floor - Residential Flat:
Self contained 2 bedroom flat accessed via a separate entrance.
Features a kitchen, lounge, two double bedrooms, and a family bathroom.
Benefits from a private rear terrace.
Internal maintenance of the flat is the responsibility of the landlord.

External Features:
Four private parking spaces to the side of the building, each fitted with bollards.
The spaces offer potential for an additional income stream from local residents or can be allocated to current or future tenants if required.

Tenancy Details:
Residential Flat: Tenanted until May 2026
Pizza Takeaway: Tenanted until January 2032
Both tenants are on separate leases.
Rental income and lease terms are available upon request.

Location:
Ideally situated in a central position, the property offers easy access to the town centre, seafront, and train station, making it a highly desirable and convenient location for both residents and businesses.

A new housing development directly to the rear of the property further enhances its appeal, increasing local footfall and future demand for both residential and commercial space in the area.

Investment Highlights:
Freehold mixed-use property
Fully let with strong, secure tenancies
Recently refurbished to modern standards
Potential additional income from parking spaces
Central location close to all key amenities
Attractive long-term investment opportunity

Further Information
A full tenancy schedule, rent schedule and lease summaries are available upon request.

For further details or to arrange a viewing, please contact Wilson Real Estate on 01304 447418.

Additional Information

For further information on this property please call 01304 447418 or e-mail [email protected]