Offers in region of

£120,000

Retail premises for sale
Neville Road, Pallion SR4

  • Freehold

Added on

Spire Property Group and Consultants

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About this property

  • Two Retail Units For Sale

  • Mid Terrace

  • Located on a Secondary High Street

  • Current Rental Income £1,100pcm (£13,200 per annum)

  • Niy 10.92%

This is a rare opportunity to acquire two mid-terrace retail units, offered for sale as a single investment, ideally positioned on a secondary high street that benefits from consistent footfall and local trade. Both units are well-presented and currently let, generating a combined rental income of £1,100 per calendar month (£13,200 per annum), which reflects a net initial yield of 10.92 percent, making this an attractive proposition for investors seeking reliable returns. The premises are arranged over the ground floor and provide flexible retail accommodation, suitable for a variety of uses within the existing planning consent (subject to any necessary consents for change of use). Each unit features a prominent frontage with large display windows, ensuring excellent visibility to passing trade, and benefits from a practical internal layout that can be adapted to suit different occupiers’ requirements. The interior of both units is finished to a good standard, with suspended ceilings, integrated lighting, and quality flooring, creating a welcoming retail environment for customers and staff alike. The properties are accessed directly from the high street, with secure entrances and clear signage, contributing to their strong letting appeal. The location enjoys a healthy mix of independent retailers, service providers, and established businesses, supporting a vibrant commercial community and sustaining demand for retail space in the area. Transport links are convenient, with bus stops and public parking nearby, making the units accessible to both local and visiting shoppers. The high street setting offers a stable trading environment, underpinned by a loyal local customer base and regular passing traffic. The investment is fully let, providing immediate income and the reassurance of established tenancies. This is an ideal addition to any commercial property portfolio, whether for seasoned investors seeking to expand their holdings or newcomers looking for a manageable entry point into the retail sector. The property represents a sound investment with scope for future rental growth, subject to market conditions and lease negotiations. Detailed tenancy information and further financial details are available on request. Early viewing is highly recommended to appreciate the quality and potential of these retail units, as opportunities of this calibre in such a sought-after high street location are seldom available for long. Please contact our office to arrange a viewing or to request further information regarding this investment opportunity.

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Property descriptions and related information displayed on this page are marketing materials provided by - Spire Property Group and Consultants. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Spire Property Group and Consultants for full details and further information.