Commercial properties for sale in Flowers Estate, Brentwood, Essex

Investment Opportunity

The property comprises a well-presented mixed-use investment including a ground floor retail unit together with two self-contained apartments. The ground floor is let to Crumbs Bakery, who have been in occupation for approximately nine years and are currently paying £12,600 per annum exclusive. The accommodation provides a front retail area, kitchen, and rear store with roller shutter access. Above and to the rear of the shop there are two 1 bedroom apartments, both let on Assured Shorthold Tenancies, producing £11,700 per annum and £12,600 per annum respectively. Overall, the property is in good good condition throughout and represents an attractive income-producing investment with established tenants in place. The total income for the building is £36,900 per annum.

The purpose built convent was constructed in 1974 and comprises 35 bedrooms, study rooms, library, chapel, meeting rooms, commercial kitchen, laundry and dining area, in addition to stores, workshop and bathrooms. The accommodation is arranged over single and two storey elements, benefitting from a passenger lift (not tested) between levels. Externally the property benefits from a detached double garage. The site slopes gently in an eastward direction and has mature trees to all boundaries.