Freehold Mixed-Use Investment Opportunity – Total Income c. £53,000 p.a. with Rental Uplift Potential
A rare opportunity to acquire a substantial freehold detached building comprising two well-established commercial units and two self-contained residential apartments, ideally positioned in the heart of Acomb on the busy and popular York Road. This well-maintained and versatile property offers a strong, immediate income with further potential for uplift. The current owners have carried out regular maintenance, alongside ongoing internal touch-ups to ensure the building remains in good order.
Commercial Accommodation
To the ground floor, the property is split into two commercial units:
No. 28 – A long-standing opticians, currently let on a 10-year lease expiring May 2026, generating approx. £21,000 per annum.
No. 30 – A hair and beauty studio, let on a 3-year lease expiring November 2025, producing £950 per calendar month (£11,400 p.a.).
Residential Accommodation
Accessed via a private entrance to the rear, the first floor offers two separate residential flats:
A well-presented two-bedroom apartment, currently let through a local agent at £1,300 per calendar month (£15,600 p.a.).
A one-bedroom apartment, currently let at £550 per calendar month (£6,600 p.a.).This is considered below market rent, with a realistic market value of approximately £750 per month (£9,000 p.a.), presenting an uplift potential of £2,400 per annum.
Business Rates 2025/ 2026
30 York Road £3,293.40 PA
28 York Road £7859.25 PA
This property is being sold freehold, with full tenant details and lease documentation available on request.
This is a superb opportunity to secure a high-yielding, low-maintenance investment in a prominent York suburb with ongoing rental growth potential and strong local demand for both residential and commercial premises.
