An attractive mixed-use investment property in Highley, which features ground floor takeaway premises and two separate residential apartments on the upper floor, has a new owner.

The property at 3-4 Crescent Terrace is prominently located in Highley, a village between Bridgnorth and Kidderminster, and was marketed by Towler Shaw Roberts.

Offers in the region of £165,000 had been invited for the freehold interest, subject to and with the benefit of the existing tenancies, ahead of a sale being completed to a local investor.

Josh Hyde, who handled the sale for TSR, said: “The property at Crescent Terrace benefits from a sought-after location in the centre of Highley amongst a range of local and regional occupiers.

“Representing an attractive investment opportunity, it currently produces an annual rental income of £9,960 per annum, with further income available as one of the first-floor apartments is currently vacant.

“As a well-appointed income producing mixed-use property, it generated a good level of interest ahead of a sale being completed to an undislosed local investor.”

The two-storey property provides spacious ground floor retail accommodation, which extends to 670 sq ft, with two one-bedroom apartments above it, both extending to 395 sq ft.

The ground floor premises is home to an Indian takeaway, with the two self-contained residential apartments on the upper floor each featuring a living room, fitted kitchen, bedroom and separate bathroom. They also have the benefit of a rear courtyard area.

Pictured: The property sold by Towler Shaw Roberts at 3-4 Crescent Terrace, Highley features ground floor takeaway premises and two separate residential apartments on the upper floor.