High Street, Walton On The Naze

A Freehold, mixed-use property located in the centre of the seaside town of Walton-on-the-Naze. The property comprises a ground floor retail unit with self-contained two bedroom first floor flat over, offered as a fully let investment purchase producing an annual income of £16,680. The property represents a yield of approximately 8.3% at the asking price.

The property is close to local, independent shops as well as large, chain, supermarkets, nearby railway station with railway links direct to London Liverpool Street, the golden beaches, The Naze, restaurants, pier, bus routes, schools, pubs, parks, public swimming pool and more.

Retail Premises - Ground floor shop unit of approximately 575 Sq Ft let on a lease at £8,340 PA until May 2029.

The shop is perfectly located in the centre of the High Street, surrounded by other, long term trading shops and nearby, chain, supermarkets encouraging additional shoppers to Walton. There is a loading bay directly outside the property for convenient deliveries and loading-up. Walton market opens every Thursday, throughout the year, encouraging additional customers to the town.

Flat 48B - Two bedroom first floor flat of approximately 550 Sq Ft. Currently let on an AST at £695pcm. We are advised that the current tenant has been in situ for 15 years.

Loiunge - 3.96m x 3.45m (13' x 11'4) - Newly fitted (2023) sash style, UPVC double glazed window to front, large radiator.

Kitchen - 3.66m x 3.35m (12' x 11') - Newly (2024) fitted kitchen with built-in appliances, including double oven, hob, fridge and freezer. A range of eye level and base kitchen units, stainless steel sink with chrome mixer taps, Two rolled edge worktops and breakfast bar. Newly (2025) fitted laminate flooring. Fully tiled above work area and sink. Casement type, UPVC double glazed window.

Bathroom - 2.95m x 1.83m (9'8 x 6') - Part tiled walls, retro, ceramic low-level W/C, washbasin and panelled bath with shower attachment. Airing cupboard housing a new (2024) gas combination boiler. Casement type, UPVC double glazed window and radiator.

Bedroom One - 4.27m x 2.13m (14' x 7') - Newly (2023) fitted sash type, UPVC double glazed window and radiator.

Bedroom Two - 3.05m x 2.13m (10' x 7') - Newly (2023) fitted casement type, UPVC double glazed window and radiator.

Rear Garden - Undeveloped rear garden, incorporating a concrete patio area. Low-level, soft-red brick retaining wall. Large garden shed.

Planning - Shop - Class E commercial, business and service use
48b - Class C3 residential

Enquiries concerning any potential alternative uses should be made to Tendring District Council.

Business Rates/Council Tax - 48 (shop) - Rateable Value £3,400
48b - Council Tax Band - A

Tenancies - The property will be sold with Tenants in situ. Please contact the office further details on the current terms.

Agent Note - PLEASE NOTE - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.

Anti Money Laundering - ANTI-MONEY LAUNDERING REGULATIONS 2017 - In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.