Mixed Use, Long Street, Atherstone, CV9

Carters Estate Agents are pleased to present this exceptional opportunity to acquire a prominent mixed-use freehold property in the heart of the ever-popular and bustling market town of Atherstone, North Warwickshire. Positioned on the thriving High Street, this rare offering includes a well-equipped commercial premises to the ground floor and a spacious two-bedroom first-floor apartment – all available with vacant possession.

With a rich history, having been in possession of the same family since its construction over 150 years ago, this versatile property is ideal for investors, business owners, or those looking to combine work and living accommodation in a single location. Offering gated side access to a private courtyard with off-road parking, it provides a wealth of potential in a high footfall location.

The property comprises:

Ground Floor Commercial Unit:

Currently operating as a photography studio, this flexible space offers a welcoming entrance area, three functioning front-of-house rooms (ideal as office, waiting, or studio spaces), and to the rear, a large administration area, WC, and storage.

Estimated rental return: £950 PCM (currently £666 PCM)

Rateable Value: £7,600 (from April 2023)

Vacant possession available following notice from current occupiers.

First Floor Two-Bedroom Apartment:

Accessed via the gated courtyard, this self-contained apartment requires some modernisation, but offers excellent layout and potential. Comprising two double bedrooms, lounge, kitchen, and bathroom, it has a strong projected rental return.

Estimated rental income: Circa £750 PCM following refurbishment.

Council Tax Band A

Outside:

A secure gated access to the side leads to a private courtyard with off-road parking, offering added convenience for both the commercial and residential spaces.

Location:

Situated in the heart of Atherstone, a picturesque and historic market town with a lively High Street, the area benefits from an array of independent shops, cafes, and national names including Costa Coffee, Superdrug, Greggs, The Original Factory Shop, and Nationwide. Just off the A5 with superb motorway links to the M42, M6 and M1, the location offers strong commuter and business potential.

This is a rare chance to secure a versatile investment in a vibrant town centre location with plenty of scope to add value. EPC pending.

Draft details – viewing highly recommended to appreciate this unique opportunity.