COMMERCIAL
A standout mixed-use commercial and residential investment offering strong existing income.
£1,050,000
- PROPERTY TYPE
Commercial Property
- BEDROOMS
3
- BATHROOMS
3
- SIZE
Ask agent
Key features
- Prime London Road location with excellent visibility and footfall
- High-spec commercial space (vacant on completion) – ideal for owner-occupiers or investors
- Three modern 1 bedroom flats, all currently let on ASTs
- Strong existing income of £3,250 PCM (£39,000 per annum) from the residential units
- Estimated rental value of commercial unit: £30,500 per annum
- Fully renovated building throughout with premium finishes
- Top floor flat includes private sun balcony
- Anticipated strong investor interest. Early viewing advised
Description
Exceptional Mixed-Use Investment Opportunity. Fully Renovated Building with Strong Income & Vacant High-Spec Commercial Unit
The property presents an outstanding opportunity to acquire a beautifully renovated mixed-use building set in the heart of a busy Essex High Street. Finished to an exceptional standard throughout, the property comprises a high-specification commercial unit arranged over three levels together with three stylish one-bedroom residential flats, all currently let on ASTs and producing immediate income.
Key Highlights
Prime London Road location with excellent visibility and footfall
High-spec commercial space (vacant on completion) – ideal for owner-occupiers or investors
Three modern 1-bedroom flats, all currently let on ASTs
Strong existing income of £3,250 PCM (£39,000 per annum) from the residential units
Estimated rental value of commercial unit: £30,500 per annum
Fully renovated building throughout with premium finishes
Top floor flat includes private sun balcony
Anticipated strong investor interest. Early viewing advised
Commercial Unit (Vacant on Completion)
Total Commercial Floor Area: Approx. 1,001 sq ft
(879 sq ft main & break out room + 122 sq ft mezzanine + 303 sq ft basement) Arranged across ground floor, mezzanine and basement, this high-quality commercial space offers flexibility for a wide range of occupiers: Ground floor frontage with direct door access onto London Road
Main retail/workspace – 879 sq ft
Mezzanine level – 122 sq ft, overlooking main trading floor
Basement - 303 sq ft
Rear breakout room with fitted kitchen
DDA compliant washroom/WC
Basement level incorporating the former bank vault, now sympathetically converted to provide two office/storage rooms
Estimated rental value: £30,500 per annum.
Residential Accommodation
Three stylish and well-appointed one-bedroom flats, each refurbished and presented to a high standard. All flats currently let on ASTs with combined rental income of £3,250 PCM. Modern interiors, quality fixtures and fittings. Top floor flat benefits from its own sun balcony
Current residential income: £39,000 per annum
Investment Summary
This fully refurbished mixed-use property offers an excellent balance of secure residential income and strong commercial rental potential, in a highly visible and popular location. With the commercial unit being sold vacant, investors have the opportunity to let the space immediately at an attractive projected rent, enhancing overall impressive yield further.
Asking Price:
We are instructed to invite offers in the region of £1.05M for our clients valuable freehold interest. 75% LTV Commercial Finance potentially available by calling our broker, Barry Clark
Viewing
Given the quality of finish and strength of the investment, we expect significant interest. Early appointments are strongly advised.
A standout mixed-use commercial and residential investment offering strong existing income.
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leigh-on-Sea Station1.5 miles
- Benfleet Station2.2 miles
- Rayleigh Station2.5 miles
Notes
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