SHOP & 3-BED FLAT INVESTMENT – EASTWOOD ROAD, RAYLEIGH
Overview
Description
SHOP & 3-BED FLAT INVESTMENT – EASTWOOD ROAD, RAYLEIGH – A semi-detached property located in a highly desirable position just off the main high street in Rayleigh. The retail shop is currently let on a 14 year lease from November 2018 at a rental of £19,000 per annum exclusive. Self-contained 3-bedroom flat above, currently let at £950pcm, however, we believe that market value is around £1,100-£1,200pcm. Total current rental income £30,400 per annum which still leaves scope to increase further by reviewing the rent on the flat above to market value. Viewing recommended. OUR REF: RX290079
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