Dudley House, Hall Lane, Walton on the Naze, Essex, CO14 8HW
- PROPERTY TYPE
Land
- BEDROOMS
4
- SIZE
Ask agent
Key features
- Freehold
- Strictly by appointment with the Auctioneers
Description
RESIDENTIAL/COMMERCIAL INVESTMENT: BROWN BELT PLOT ON SMALL INDUSTRIAL ESTATE WITH DETACHED HOUSE/YARD WITH VARIOUS BUILDINGS USED FOR STORAGE
A freehold plot of land measuring approximately 0.9 acres, on a small industrial estate with a vacant detached three storey building with residential usage and various permanent and temporary buildings that currently make up 23 storage units that are part let and currently producing an annual gross income of £17,740. The detached house is in need of modernisation and refurbishment and it is considered that it could be redeveloped for a variety of uses that could generate further income or provide a family home for owner occupation. It is also considered that the site could produce a much higher income if all current vacant units were let or additional units added to the site. We are advised that there are no official agreements in place with the current users of the storage units and therefore it may be possible to establish improved official agreements or create a vacant site that could be altered or redeveloped for a variety of uses subject to necessary consents.
Hallway
Kitchen/Diner- 31'1" x 13'4"
Internal Workshop- 10'5" x 10'2"
Utility Room- 17' x 10'8"
First Floor Landing- 10'2" x 9'6"
Lounge- 20'7" x 17'7"
WC
Bedroom One- 17' x 8'6"
Bedroom Two- 11'9" x 8'6"
Bedroom Three- 9'2" x 8'5"
Family bathroom with shower & bath 7' x 6'2"
Second floor storage room- 16'7" x 11'9" plus recess 9'2" x 5'9"
Bedroom Four- 8'5" x 6'6"
External shower room to rear
WC for use of owners in main unit
It is considered that as well as being able to significantly improve the current income potential with its current usage in place, it may be possible to re-develop the site for a variety of alternative uses subject to obtaining all relevant permissions.
Unit 1 - £100 pcm
Unit 2 - £86.67 pcm
Unit 3 - £120 pcm
Unit 4 - vacant
Unit 5 - £48 pcm
Unit 6 - £195 pcm
Unit 7 - £65 pcm
Unit 8 - £108.33 pcm
Unit 9 - £65
Unit 10 - vacant
Unit 11 - £108.33 pcm
Unit 12 - £60 pcm
Unit 13/14 - £100 pcm
Unit 15 - £86 pcm
Unit 16/17 - vacant
Unit 18 - £60 pcm
Unit 19 - £100 pcm
Unit 20- £80 pcm
Unit 21 - £86 pcm
Unit 22 - vacant
Unit 23 - vacant
Total Monthly income £1,478.33
Total Annual Gross Income £17,740.00
E
Brochures
Legal DocumentsEnergy Performance Certificates
EPC 1Dudley House, Hall Lane, Walton on the Naze, Essex, CO14 8HW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Walton-on-Naze Station1.0 miles
- Frinton Station2.1 miles
- Kirby Cross Station3.0 miles
Notes
Disclaimer - Property reference 302465. 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 Dedman Gray Auctions, Essex. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Dedman Gray Auctions, Essex on 01702 311010.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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