Offers in region of
£270,000
(£418.60/sq. ft)
Retail premises for saleMarket Street, Wellington TF1
645 sq. ft
EPC Rating: C
Just added
About this property
Mixed-use freehold investment
Prime Wellington town centre location
Two studio-style letting rooms with kitchenettes
Excellent investment opportunity
Victor & Steel Property are delighted to offer for sale this attractive mixed-use freehold investment, occupying a prominent position within the heart of Wellington town centre.
The property comprises a well-presented ground floor retail premises together with two studio-style residential letting rooms, each accessed independently via a separate side entrance, creating an excellent opportunity for investors seeking a diversified income stream.
The ground floor retail unit is currently occupied by an established tailor, generating a rental income of £600 per calendar month.
The residential accommodation is arranged over the first and second floors. The first-floor studio benefits from its own kitchenette and private en-suite shower room, whilst the second-floor studio also includes a kitchenette and is served by a separate shower room. Both studios are well-proportioned and well presented, with the first-floor accommodation featuring attractive exposed timber beams, adding further character to the property.
Subject to occupation and any necessary statutory requirements and licensing, the residential accommodation is considered capable of achieving an estimated rental income of approximately £550 per calendar month per studio.
Potential Rental Income
* Ground Floor Retail Unit – £600 pcm
* First Floor Studio – Approx. £550 pcm
* Second Floor Studio – Approx. £550 pcm
Potential Gross Rental Income: Approximately £1,700 per calendar month (£20,400 per annum).
Occupying a prominent position within Wellington town centre, the property benefits from excellent visibility, strong pedestrian footfall and convenient access to a wide range of local amenities and transport links, making it an attractive proposition for both commercial and residential occupiers.
For further information, including tenancy details, rental income, viewings or any additional documentation, please contact Victor & Steel Property.
The property comprises a well-presented ground floor retail premises together with two studio-style residential letting rooms, each accessed independently via a separate side entrance, creating an excellent opportunity for investors seeking a diversified income stream.
The ground floor retail unit is currently occupied by an established tailor, generating a rental income of £600 per calendar month.
The residential accommodation is arranged over the first and second floors. The first-floor studio benefits from its own kitchenette and private en-suite shower room, whilst the second-floor studio also includes a kitchenette and is served by a separate shower room. Both studios are well-proportioned and well presented, with the first-floor accommodation featuring attractive exposed timber beams, adding further character to the property.
Subject to occupation and any necessary statutory requirements and licensing, the residential accommodation is considered capable of achieving an estimated rental income of approximately £550 per calendar month per studio.
Potential Rental Income
* Ground Floor Retail Unit – £600 pcm
* First Floor Studio – Approx. £550 pcm
* Second Floor Studio – Approx. £550 pcm
Potential Gross Rental Income: Approximately £1,700 per calendar month (£20,400 per annum).
Occupying a prominent position within Wellington town centre, the property benefits from excellent visibility, strong pedestrian footfall and convenient access to a wide range of local amenities and transport links, making it an attractive proposition for both commercial and residential occupiers.
For further information, including tenancy details, rental income, viewings or any additional documentation, please contact Victor & Steel Property.
Mortgage calculator
Monthly repayment
£1,350 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}