Commercial Property Investment

A modern retail building extending to approximately 640 Sq M (6,888 Sq Ft) arranged over ground and first floor. Unit 1-3 is currently let to Point Accounting on a Tenancy at Will at a rent of £12,000 per annum, with Unit 4 being vacant. Part of the first floor area is currently in shell condition, with the opportunity to add value by completing the fit-out/conversion works. The property has frontage to South Street and Salisbury Street and is a short distance from Albert Square Shopping Centre. There is a 300-space free car park adjacent and nearby retailers include Greggs, Halifax, CEX and Morrisons. The property benefits from planning consent for subdivision of the ground floor accommodation into three commercial units and also change of use consent to convert the first floor into two flats. The property may be suitable for other alternative uses, subject to obtaining the necessary consents.