6 bedroom retail property (high street) for sale

Brentwood Road, Grays, Essex

£700,000

Property Description

Full description

Tenure: Freehold

*** NO ONWARD CHAIN *** CmRENT & SALES are delighted to offer for sale this FREEHOLD COMMERCIAL PROPERTY (Residential Flats & Resturant). The freehold investment comprises of Three bed-sits, a Two bedroom flat, One bedroom flat & a commercial Premises for class A3 usage . This is a fantastic opportunity that could create a great investment income currently achieving an income between 50,000 - 60,000 per annum.

Bedsit No113'9" x 13' (4.2m x 3.96m). Total yearly rent that currently achieving - 6,240.00 pa (120.00 p/w) Bedsit includes own kitchen area, access to shared bathroom with shower and use of the communal garden area

Bedsit No212'3" x 9'10" (3.73m x 3m). Total yearly rent that currently achieving - 4,940.00 pa (95.00 p/w) Bedsit includes own kitchen area, access to shared bathroom with shower and use of the communal garden area

Bedsit No311'9" X 10'11" (3.58m X 3.33m). Total yearly rent that currently achieving- 4,940.00 pa (95.00 p/w) Bedsit includes own kitchen area, access to shared bathroom with shower and use of the communal garden area

1 Bedroom Flat Total yearly rent that currently achieving- 7,080.00 pa (590.00 p/m)   Bedroom 4.67m (15`4") x 1.93m (6`4") Lounge3.33m(10`11") x 2.62m (10`11") Kitchen 3.38m (11`1") x 2.62m (8`7") Shower room 1.68m( 5`6") z 89m (2`11") Separate W.C. and wash basin & access to Communal Garden

2 Bedroom Flat This Property is accessed via its own private front door and is located above the resturant also offering loft access. Total yearly rent that currently achieving- 8,280.00 pa (690.00 p/m)

Akash Indian Restaurant 7 years remaining on lease - Total yearly rent that currently achieving- 24,000.00 pa

Loft Space The loft space above both can be converted into further accommodation Subject to planning creating additional rental income of approximately - 10,000 - 15,000 per annum.

Total annual rent for property 55,480.00


Energy Performance Certificates (EPCs)

Energy Performance Certificate (EPC) graphs

Nearest stations

  • Tilbury Town (1.5 mi)
  • East Tilbury (1.9 mi)
  • Grays (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

cmRENT & SALES, Chelmsford

23 Duke Street, Chelmsford, CM1 1HS

01245 930060 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 stations

  • Tilbury Town (1.5 mi)
  • East Tilbury (1.9 mi)
  • Grays (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

cmRENT & SALES, Chelmsford

23 Duke Street, Chelmsford, CM1 1HS

01245 930060 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 CME160062. 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 cmRENT & SALES, Chelmsford. 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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