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Mixed-use investment property for sale in Alford

5 Market Place, Alford, Lincolnshire, LN13 9DZ
For sale
£525,000
whozoo
This property is marketed by:
Whozoo

Key Features

  • Grade II Listed mixed-use property
  • Prominent Alford town centre location
  • Retail unit let to Wool Factory
  • Refurbished four-bedroom upper apartment
  • Private garden with rear outbuildings
  • Floor area: 4,591 sq. ft. (427 sq. m.)

Constructed circa 1906, the property was originally built as a bank and is characterised by traditional brick elevations with decorative stonework beneath a pitched tiled roof. The accommodation is arranged to provide a self-contained ground floor retail unit, currently let and trading as The Wool Factory, comprising an open-plan sales space with ancillary storage. Independent access from the southern elevation leads to the upper floors, which have been upgraded to form a high-quality residential apartment across three levels. The first floor includes a modern kitchen, utility, spacious living room, bathroom and a double bedroom. The second floor provides three further bedrooms, whilst the ground floor rear room opens onto the garden and could serve as an additional bedroom or flexible living area. Externally, there is a private enclosed garden and a range of outbuildings providing useful storage.

Location

The property occupies a prominent corner position at the junction of Church Street and Market Place, directly opposite the Market Place car park in the centre of Alford. This strong location benefits from excellent visibility and footfall, with the immediate surroundings comprising a mix of independent retailers, pubs, restaurants and service providers. Nearby operators include The George Inn, The Windmill Hotel, Alford Opticians, and Studio 13, contributing to a lively town centre environment and regular visitor traffic.Tenure: Freehold



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