SUBSTANTIAL DETACHED FREEHOLD INVESTMENT plus 2 FLATS in ESSEX

  • Price: £1,250,000
Essex, England
For Sale

SUBSTANTIAL DETACHED FREEHOLD INVESTMENT plus 2 FLATS in ESSEX

Essex, England
  • Price: £1,250,000

Description

SUBSTANTIAL DETACHED FREEHOLD INVESTMENT plus 2 FLATS

Currently trading as Convenience Store/Off Licence let on a 15 years lease from 2015 at a rental of £15,600 p.a. with 5 yearly reviews.

19th Century property

Commercial & residential property consists of basement, ground floor, 1st floor, 2nd floor.

General store off licence area, general store toilet in the ground floor andbasement stockroom. Leased until end 2030.

Basement in the region of 270 ft²

Greneral Store, stockroom

Ground Floor
General Store with off licence area in the region of 1,050 ft²

General store toilet

Additional ground floor small room & passage

Ground floor 2 residential STUDIO FLATS, entrance through gates. Were rented for £450 each (at present pending planning permission for residential use). Earlier requested planning permission, was rejected. At present working with the Council on this. The total flat space is around 40 sq. metres. This space could be used for residential, if the planning successful, or commercial as it is.

The first floor & 2nd floor includes only the upstairs flats, comprising:

4 Spacious Bedrooms
3 Bathrooms wich shower cubicles
Lounge area
Dining Room
Kitchen

Is accommodation included:
Yes
Is stock included:
NA

Listed By:

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