A three-storey mixed-use investment property in Telford is under new ownership after attracting a high level of interest.

The property at 22-24 High Street, Dawley, marketed by Towler Shaw Roberts, benefits from a convenient location with a number of national retailers nearby.

Offers in the region of £225,000 had been invited by TSR for the freehold interest, subject to the existing tenancies, reflecting a gross yield of 10.4 per cent.

The property includes two ground floor retail premises, with a one-bedroom apartment and studio apartment on the upper floors.

Josh Hyde, who handled the sale for TSR, said: “The property represents an attractive mixed-use investment, so the high level of interest it generated was anticipated.

“Its prominent High Street location in Dawley helped add to the overall appeal

“We received a number of bids from interested parties ahead of a sale being completed to a local investor.”

The property’s retail units comprise modern accommodation arranged over the ground and first floor, with the benefit of roller shutter doors and a secure rear storage area.

The upper floors provide manageable and well-appointed residential accommodation, with separate rear access.

Pictured: Offers in the region of £225,000 had been invited by Towler Shaw Roberts for the property at 22-24 High Street, Dawley.