High Street, SANDBACH

A freehold mixed-use investment property located in a prime town centre area. This partially renovated converted mill extends to approximately 12,000 sq ft and comprises three four-bedroom apartments and a ground floor commercial space of approximately 4,000 sq ft, which has potential for alternative use or division into additional residential units, subject to planning approval. The property features communal areas with lift access, a post room, bin store, resident car parking, and a single garage. Current income from a telecommunications lease is £19,800 per annum, with estimated potential income of £115,200 per annum when fully let, including projected rents of £22,200 for the penthouse, £24,000 for the second floor apartment, and £24,000 for the first floor apartment once completed. The property is situated near local amenities and transport links, enhancing its appeal for rental demand. Insurance costs are approximately £700 per annum.