10 bedroom Residential development for sale

Leasehold Investment Opportunity – Mixed-Use Building with Strong Income PotentialLocation: KT8 Annual Rent: £55,000Lease Term: 20 years (commenced September 2024)Potential Annual Income: £210,000Property OverviewAn excellent opportunity to acquire a well-positioned mixed-use building offering a fully equipped pub/restaurant on the ground floor with residential accommodation above. Situated in a popular area, this property presents strong investment potential with multiple income streams and further development opportunities.Property LayoutBasement:Useful storage and cellar space.Ground Floor:Spacious pub/restaurant area with bar, kitchen, and seating, ideal for food and beverage operations.First Floor:5 self-contained studio flats – modern layouts suitable for professionals or short-term lets.Second Floor:5 additional studio flats, similar in size and configuration.Third Floor:1 double room, currently used as storage, but can easily be converted into a private office for management or owners’ use.Loft Space:Significant development potential – space suitable for conversion into up to 5 additional studio flats, subject to necessary planning consent.Current Tenancy & Income6 flats currently occupied, generating approximately £7,800 per month.4 studio flats and the commercial unit (pub/restaurant) are presently vacant and being marketed for new tenants.When fully let, the building has the potential to generate up to £210,000 annually in rental income, offering a strong return on investment.HighlightsProminent location in KT8 with excellent transport links and amenities.Established commercial premises with 20-year lease from September 2024.10 existing studio flats with strong rental demand in the area.Loft conversion potential for additional 5 units (STPP).Excellent opportunity for investors or owner-operators seeking a mixed-use income-generating property.