COMMERCIAL & PROPERTY INVESTMENT PORTFOLIO – LTD CO. SALE

  • Freehold Price: £1,150,000
  • Annual Turnover: £75,430
Essex, England
Seller Ref:I0029E
For Sale

COMMERCIAL & PROPERTY INVESTMENT PORTFOLIO – LTD CO. SALE

Essex, England
Seller Ref:I0029E
  • Freehold Price: £1,150,000
  • Annual Turnover: £75,430

Description

COMMERCIAL & PROPERTY INVESTMENT PORTFOLIO – LTD CO. SALE consisting of 5 x SHOPS 2 x FLATS and 1 x WAREHOUSE/STORAGE UNIT spreading across the SOUTHEAST ESSEX REGION and occupying PRIME LOCATIONS such as BROADWAY – LEIGH ON SEA, HIGH STREET – CANVEY ISLAND, HIGH STREET – WICKFORD and LONDON ROAD – HADLEIGH producing a RENTAL INCOME OF £75,430 PER ANNUM. The portfolio includes a BLUE-CHIP COMPANY & LOCAL AUTHORITY amongst the tenants providing further security for any proposed purchaser. We feel there is HUGE SCOPE to increase the revenues with BACKDATED RENT REVIEWS along with SOME LEASE RENEWALS IN 2025. A refurbishment of the residential properties would certainly MAXIMISE RENTAL INCOMES as they are CURRENTLY BELOW MARKET VALUES. Serious interested parties only are advised to contact Scott Nicholson Meek at ESSEX AND SUFFOLK BUSINESS SALES.

Location Details:
The properties are located in main trading positions in towns across the southeast Essex region that include, Leigh on Sea, Canvey Island, Wickford and Hadleigh and would be considered highly desirable if they were on the open market to let.
Is this business relocatable:
No
Is accommodation included:
Yes
Is stock included:
NA

Listed By:

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