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London Road, Benfleet, Essex, SS7

£360,000

Business rates & charges may apply

ESSEX AND SUFFOLK BUSINESS SALES LIMITED, Colchester
SIZE

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SECTOR

2 bedroom mixed use property for sale

USE CLASSUse class orders: A1 Shops, A3 Restaurants and Cafes, Class E and Sui Generis

A1, A3, E, sui_generis_3

Key features

  • Prime Location
  • Freehold
  • £23,200 TOTAL RENTAL INCOME
  • COMMERCIAL INVESTMENT
  • Investment Opportunity
  • £360,000
  • 2 X SHOPS AND 1 X 2 BEDROOM FLAT
  • Retirement Sale
  • CALL ESSEX AND SUFFOLK BUSINESS SALES

Description

MIXED USE COMMERCIAL INVESTMENT 2 SHOPS & A 2 BED FLAT
PRICE: £360,000 - FREEHOLD
LOCATION - LONDON ROAD, HADLEIGH - ESSEX
REF: I0042E
MIXED USE COMMERCIAL INVESTMENT 2 SHOPS & A 2 BEDROOM FLAT occupying a mid-terraced property on a VERY BUSY SHOPPING PARADE that is uniquely sandwiched BETWEEN 2 MAJOR SUPERMARKETS located on LONDON ROAD, HADLEIGH - ESSEX. Shop 1 is currently let on a 7-year lease at a rental of £9,400 per annum exclusive and Shop 2 is currently let on a 3-year lease at a rental of £6,600 per annum exclusive. The 2-bedroom flat is currently let on an AST at £600 PCM which is under market value and could achieve £750 to £850 PCM. TOTAL RENTAL INCOME £23,200. The parade itself is WELL ESTABLISHED and is a vibrant mix of independent retailers and MAJOR BRANDS such as PAPA JOHNS & LADBROKES. Serious interested parties only are advised to contact Scott Nicholson Meek at ESSEX AND SUFFOLK BUSINESS SALES.

London Road, Benfleet, Essex, SS7

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leigh-on-Sea Station1.6 miles
  • Benfleet Station2.1 miles
  • Rayleigh Station2.5 miles

Notes

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Disclaimer - Property reference I0042E. 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 ESSEX AND SUFFOLK BUSINESS SALES LIMITED, Colchester. 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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