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High street retail property for sale

Old Road, Clacton-On-Sea

£260,000

£94.89 per sq ft

Business rates & charges may apply

LAMB & CO PROPERTY LTD, Essex
SIZE AVAILABLE

2,740 sq ft

255 sq m

SECTOR

High street retail property for sale

Key features

  • Freehold Investment Opportunity
  • 2x Shops + 3 Bed Flat
  • Vacant & Chain Free
  • Close To Town Centre
  • Large Garage/Store Room
  • EPC E - CEPC C
  • Scope For Alternate Use/Redevelopment (STPP)
  • Potential Rental Income of £27,000+ PA
  • 2,740 Sq Ft

Description

Ideally located on the outskirts of Clacton town centre, this Freehold, mixed use investment opportunity, offered with vacant possession and potential to reconfigure subject to obtaining any necessary consent. The building currently comprises two ground floor shops and a three bedroom self contained flat with additional loft room. After refurbishment, we anticipate a combined rental income of £27,000 PA.

Accommodation comprises with approximate room sizes as follows:

Entrance door to:

Shop Unit 1 - Anticipated Rent - £400 PCM / £4,800 PA

Retail Area - 5.18m x 3.35m (17'0" x 11'0") -

Shop Unit 2 - Anticipated Rent - £850 PCM / £10,200 PA

Front Shop Area - 8.89m x 6.10m (29'2" x 20'0" ) -

Rear Shop Area -

Lobby - 2.97m x 2.62m (9'9" x 8'7" ) -

Utility Room - 2.24m x 1.75m (7'4" x 5'9" ) -

Kitchen - 2.03m x 1.91m (6'8" x 6'3" ) -

W/C -

Garage/Store Room - 8.74m x 6.05m (28'8" x 19'10" ) -

Flat - Anticipated Rent - £1,000 PCM / £12,000 PA

Landing -

Bathroom - 2.87m x 2.74m (9'5" x 9'0" ) -

Kitchen (Flat) - 3.43m x 3.28m (11'3" x 10'9" ) -

Lounge - 4.39m x 3.48m (14'5" x 11'5" ) -

Bedroom Two - 3.25m x 2.95m (10'8" x 9'8" ) -

Bedroom One - 3.35m x 3.10m (11'0" x 10'2" ) -

Bedroom Three - 2.77m x 1.96m (9'1" x 6'5" ) -

Landing -

Loft Room - 7.01m x 6.15m (23'0" x 20'2" ) -

Outside Front -

Outside Rear -

Aml - 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.

Agents Note Sales - 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.

Agents Note Sales 2 - (Possessory title) - Please note the property is being sold with Possessory title.

Energy Performance Certificates

EE Rating

Brochures

Old Road, Clacton-On-Sea

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clacton Station0.3 miles
  • Thorpe-le-Soken Station3.7 miles
  • Weeley Station4.2 miles

About LAMB & CO PROPERTY LTD, Essex

Unit 2, Crusader Business Park, Stephenson Road West, Clacton-on-Sea, Essex, CO15 4TN

Lamb & Co specialise in the sale and letting of all types of commercial property across the Tendring District including; retail, industrial, office, land and development opportunities. Led by Managing Director Callum Lamb with over 17 years of local experience make Lamb & Co your choice for all commercial property matters.

Lamb & Co is a full service property company with dedicated departments for residential sales, lettings, commercial, land & new homes and financial services.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34445216. 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 LAMB & CO PROPERTY LTD, 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.

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