North Street, Rochford, Essex, SS4
£344.83 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
696 sq ft
65 sq m
- SECTOR
Commercial property for sale
Key features
- Adjacent To Market Square
- In Historic Market Town
- Approx. 696 Sq.Ft.
- Self-Contained 1 Bedroom Flat
- ERV £19,740pa
- Investment Opportunity
Description
Located just around the corner from the Market Square and comprising a celebrated Gents Hair Salon in some 696 sq.ft. let with an income of £10,140pa, together with a s/c 1 bedroom flat above, which could be let for circa £9,600pa & therefore a ERV of £19,740pa.
Property
All measurements are approximate and were measured on a Gross Internal Area (GIA) basis. Ground floor 696 sq.ft. 1st floor flat, (398 sq.ft.) with 1 bedroom, kitchen, lounge, shower room with WC.
Features
Adjacent To Market Square In Historic Market Town Approx. 696 Sq.Ft. Self-Contained 1 Bedroom Flat ERV £19,740pa Investment Opportunity
Tenure
Freehold, subject to the tenancies referred to.
Tenancy
The ground floor is let for a term of 10 years from the 9th July 2018, producing a rent of £8,340pa. (Next & last rent review July 2026). The rear areas are rented to the tenant under a separate agreement, and produce a further £1,800pa. The flat above, which the purchaser can have vacant possession of, could be let to produce circa £8,400pa. ERV therefore £19,740pa.
Legal Fees
Each party is to be responsible for their own legal fees.
Viewing
All arrangements to view are via Gerard Biagioni of Dedman Gray Property Consultants on .
Brochures
North Street, Rochford, Essex, SS4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Rochford Station0.2 miles
- Southend Airport Station0.9 miles
- Prittlewell Station2.2 miles
Notes
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