We are proud to present this freehold commercial sales property located on Meads Lane IG3. The property comprises of a Vacant A1/A2 Usage commercial space on the ground floor, as well as a 2 bedroom flat located on the first floor. The property is located along a parade of shops on Meads Lane.

The first floor flat comprises of 2 double bedrooms, separate living room, separate kitchen and a private balcony looking into the garden. The ground floor retail unit boasts 602 sq. ft. of space, with extra storage space, a kitchen and a WC at the rear with access to a large rear garden. The property boasts the potential of extending into the large back garden, as well as adding an extension to add more rooms to the 2 bedroom flat on the first floor. Subject to planning permission. The neighbouring shops have already extended their own properties.

The property has the potential to generate approximately £12,000 per annum from the ground floor retail space. The 2 bedroom flat can generate approximately £12,600 per annum. That’s a total of £24,000 per annum.

The seller seeks a figure of £500,000 for this commercial property.

Accommodation:

Ground Floor Commercial Space – 9.2 m x 5 m

First Floor Flat – 2 bedroom (awaiting measurement)

Price -£500,000

Viewings are available immediately