Calders Residential says ..

Property Oracle says ..

This property on Station Street, Atherstone, is a commercial premises previously operating as a café with a one-bedroom flat above. The listing highlights its location in the town centre, close to Atherstone train station and several primary schools. The property is described as offering a ‘superb opportunity’ and the photographs reveal a spacious interior currently configured as a café with various seating areas, a kitchen, and a pool table. The presence of a separate, upper flat is noted; this appears to be partly renovated, as shown by the new kitchen. The condition is a blend of well-maintained and needing some updating. While the large floor space might appeal to a range of buyers, such as investors looking to develop further residential units or commercial ventures, the total absence of bedrooms and bathrooms stated in the listing presents a significant issue. The high list price of £415,000 should be considered alongside the need for potential improvements, and the lack of land. Comparatively, similar properties locally might present better value for money; though, the suitability of this property depends heavily on intended usage. Overall, while the location is positive, prospective buyers should carefully weigh the potential refurbishment costs and opportunity cost against the asking price and potential return on investment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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