3 bedroom mixed use for sale

Hedingham Road, Halstead, Essex, CO9

Guide Price 1,800 sq. ft. | £270,000

Property Description

Commercial information

  • 1,800 sq ft (167 sq m)

Key features

  • Freehold Investment Only
  • Healthy return
  • Character Property
  • Grade II listed
  • Current business not affected

Full description

Tenure: Freehold

Property description:
This is a great opportunity to invest in this Grade II listed property that currently has a tenant that has 14 years remaining of a 20 year lease on the building with the café downstairs and the residential three bedroom apartment upstairs. The building has an open A3/A5 use and an alcohol license.

Situated close to the High Street in Halstead this property is steeped in character with exposed beams and traditional fireplaces with exposed brickwork that give the commercial and residential elements an original feel and attract a number of clientele to the building.

Accommodation comprises:
Panel glazed front door leading to reception counter area.

Reception Counter: 3.05m x 3.68m
An inviting area with quarry tiled flooring and exposed ceiling beams with feature brick chimney breast. Part wood panelled walls and radiator and window to front aspect.

Kitchen 3.90mmax x 3.18m
Good sized commercial kitchen with doors and bay window to the courtyard. Stainless steel sink and drainer unit and other base units and tiled splashback walls. Quarry tiled floor.

Restaurant area: 7.65m x 3.01m max
A good entertaining space with the continuing tiled flooring, window to the front aspect and radiator. Exposed beamed ceiling and exposed chimney breast and fireplace.. Door leading to the stairwell and door leading out to the rear lobby and courtyard.


Covered courtyard: 7.95m max x 6.14m max
A great outdoor space with full atrium style roof. A patio style tiled floor with painted white and light wall surrounding with store room.

Toilet Block:
To the rear of the property are the men and ladies toilets with baby changing facilities.

Stairs rising to the Apartment:
Doors leading to the Living area.

Lounge/Diner 5.98 x 4.71 max L-shaped
Sash windows to the front and rear aspect. Feature brick fireplace. Radiators and doors to Bathroom and Bedroom One. Stairs to second floor.

Bedroom One: 3.43m x 3.42m
Double bedroom with original sash window overlooking front and built in cupboard. Radiator.

Bathroom: 2.97m x 2.08m
Featuring a white three piece suite, built in cupboard housing hot water cylinder. Obscured sash window to the rear.

Stairs to Second Floor
Bedroom Three 3.65m x 3.1m
Eaves storage, radiator and window to rear aspect. Door to Bedroom two.

Bedroom Two: 3.43m x 2.98m
Window to the side aspect, eaves storage cupboards with water tank.

Tenant information:
The Little Book café owners are on a continuation of a 20 year lease with around 14 years remaining. Current rental income is £15000 per annum. Potential yield of 5.5%.

Location:
13-15 Hedingham Road, Halstead, Essex CO9 2DA. Situated on the left hand side as you proceed into Hedingham road from Halstead High Street.

Services:
Mains water, gas and electricity are connected. Please note, these services have not been tested by the agent.

Local Authority:
Braintree District Council, Causeway House, Braintree Tel: 01376 552525.

Viewing:
Strictly by prior appointment through the agents Oswick Ltd. Please call 01787 477559

Agents Note:
Oswick Ltd would like make purchasers aware that these particulars have been prepared as a guide and therefore all measurements taken are approximate. The property also has lapsed planning permission to covert the building back into two 2 bedroom cottages.

Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.



Nearest station

  • Braintree (6.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oswick Ltd, Halstead

5/7 Head Street, Halstead, CO9 2AT

01787 720041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Oswick Ltd, Halstead

5/7 Head Street, Halstead, CO9 2AT

01787 720041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Braintree (6.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oswick Ltd, Halstead

5/7 Head Street, Halstead, CO9 2AT

01787 720041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 16-164-ec. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Oswick Ltd, Halstead. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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