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COMMERCIAL

George Street, Attleborough, CV11

Guide Price
£625,000
Carters Estate Agents, Nuneaton
PROPERTY TYPE

Mixed Use

BEDROOMS

4

BATHROOMS

4

SIZE

2,912 sq ft

271 sq m

Key features

  • Fully Let Mixed-Use Investment Opportunity
  • Current Passing Rent of £45,300 Per Annum
  • Approx. 7.25% Gross Yield at Guide Price
  • Four Let Residential Apartments
  • Ground-Floor Commercial Premises of Approx. 1,502 sq ft / 139.5 sq m
  • Commercial Lease Running Until May 2031
  • CPI-Linked Commercial Rent Increase From June 2028
  • Diversified Residential & Commercial Income
  • Four Parking Spaces Subject to Existing Lease Arrangements

Description

Carters Estate Agents are delighted to offer this established and fully let mixed-use investment opportunity, occupying a prominent position on George Street in the heart of Attleborough and combining a substantial ground-floor commercial premises with four self-contained residential apartments above.

Offered at a Guide Price of £625,000, the property currently generates a combined passing rental income of £3,775 per calendar month / £45,300 per annum, equating to an attractive gross yield of approximately 7.25% based upon the guide price.

The property provides an appealing diversification of income, with rental receipts generated from both the residential and commercial elements rather than reliance upon a single occupier.

At ground-floor level is an established commercial premises extending to approximately 139.5 sq m / 1,502 sq ft. The unit is currently occupied and has been comprehensively fitted out as a modern beauty and wellness premises, with an impressive reception area, open customer accommodation and a series of individually appointed treatment rooms. The current commercial lease runs from May 2026 until May 2031.

The commercial lease provides a current rental income of £1,500 per calendar month and includes provision for a CPI-linked rental increase from June 2028, providing an element of future rental growth during the existing term. The lease also grants the commercial tenant use of four parking spaces during business hours, with the spaces available to residential occupiers outside those hours.

Above the commercial accommodation are four separately occupied residential apartments, all currently let and contributing to the established passing income. This creates a particularly attractive mixed-use structure for an investor, balancing the longer-term commercial lease with four individual residential income streams.

Externally, the building enjoys a strong and easily identifiable frontage to George Street, together with parking immediately in front of the premises. The property sits within the established Attleborough commercial centre, close to The Green, Avenue Road and Attleborough Road, with a range of shops, services, food outlets and other established local businesses within the immediate vicinity.

The combination of a fully let building, established passing income, diversified residential and commercial occupation and a gross yield of approximately 7.25% makes The Arcade an appealing opportunity for investors looking for an income-producing mixed-use asset within Nuneaton.

Further tenancy information, lease documentation and a detailed investment schedule are available to interested parties upon request.

Parking - Off street

Disclaimer

Carters Estate Agents has not tested any appliances, services, or systems within this property. Purchasers should conduct their own investigations regarding their condition and functionality.

Floor plans are for identification only and not to scale. All measurements and distances are approximate. These details are produced in good faith as a guide but do not form part of any offer or contract. Purchasers should verify tenure, lease terms, ground rent, service charges, planning permissions, and building regulations with their solicitor.

Fixtures and fittings should be confirmed at the point of offer.

All images and marketing materials are the property of Carters Estate Agents and may not be reproduced without permission.

Anti-Money Laundering: Purchasers must provide ID and proof of funds before a sale can be agreed.

Carters Estate Agents operates under The Property Ombudsman Code of Practice.

Brochures

MATERIAL INFORMATION

George Street, Attleborough, CV11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Nuneaton Station1.0 miles
  • Bedworth Station2.4 miles
  • Hinckley Station3.8 miles

About Carters Estate Agents, Nuneaton

66 St Nicolas Park Drive Nuneaton Warwickshire CV11 6DJ
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Welcome to Carters Estate Agents Rightmove Page!

At Carters Estate Agents, we are a family-run business that is dedicated to delivering professional, trustworthy, and comprehensive property services to our clients. We are a completely independent estate agency, and our clients are our top priority. We strive to provide a modern and high-quality service to each of them, blending traditional approaches with innovative digital solutions to ensure maximum exposure for their properties.

With over ten years of industry experience, we are proud to have won multiple awards in our areas of operation as well as regional and national recognition. We believe in embracing technology and staying up to date with the latest trends in the industry, which is why we have a strong digital presence alongside our high street footprint in Nuneaton, Bedworth & Atherstone.

Choosing the right agent to market your property is a crucial decision, and we understand that not all agents are the same. That's why we pride ourselves on offering a comprehensive marketing package that provides your property with maximum exposure. Our package includes professional photography packages, aerial drone imagery, bespoke property particulars & floor plans (professionally printed), major portal advertising, accompanied viewings, targeted social media campaigns, out-of-hours service, and fully trained staff.

We are also proud members of the NAEA Propertymark and registered with The Property Ombudsman, which means that you can be confident in the qualifications and affiliations that we hold.

At Carters Estate Agents, we take no upfront charge for any of our services, and we offer free market appraisals for anyone interested in buying or selling, letting or renting. So, call our team today and put us to the test - we're confident that you won't be disappointed!

Notes

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Disclaimer - Property reference 60ba4fce-dba5-4a15-baaa-23dfa8786688. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Carters Estate Agents, Nuneaton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.