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106 High Street, Maldon, Essex, CM9

£375,000

£382.65 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

980 sq ft

91 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Key features

  • Rental Income: £25,000 p.a.
  • Gross Initial Yield: 6.67%
  • Comprises two-storey retail premises t/a Café
  • Property benefits from rear outdoor garden

Description

Investment Consideration:
Gross Initial Yield: 6.67%
Rental Income: £25,000 p.a.
VAT is NOT applicable to this property
Comprises two-storey retail premises t/a Café
Property benefits from rear outdoor garden
Nearby occupiers include café/restaurants, pet shop and gift shop, amongst others.
Large retailers such as HSBC, Subway and Costa Coffee are within short walk away.

Property Description:
Comprises ground floor retail shop t/a café with ancillary accommodation at first floor. The property benefits from rear garden and provides the following accommodation and dimensions:
Ground Floor: 50 sq m (538 sq ft)
Open plan retail, kitchenette, wc
First Floor: 41 sq m (442 sq ft)
2 rooms, storage, wc
Total GIA: 91 sq m (980 sq ft)

Tenancy:
The property is at present let to an Individual for a term of 10 Years from 8th October 2024 at a current rent of £25,000 p.a. and the lease contains full repairing and insuring covenants. Tenant option to determine in the 5th year with min 6 months notice. Rent review in the 5th year open market upward only. Lease within Landlord & Tenant Act 1954. Deposit held of £6,250.

Location:
Maldon is a town and civil parish on the Blackwater estuary in Essex, England. It is the seat of the Maldon District and starting point of the Chelmer and Blackwater Navigation. Occupiers nearby including number of café/restaurants, pet shop and gift shop, amongst others. Large retailers such as HSBC, Subway and Costa Coffee are within short walk further down the High Street.

Brochures

106 High Street, Maldon, Essex, CM9

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hatfield Peverel Station5.1 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

Notes

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Disclaimer - Property reference 106maldon. 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 Blue Alpine, London. 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.

Map data ©OpenStreetMap contributors.

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