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Station Road, Clacton On Sea

£250,000

£129.80 per sq ft

Business rates & charges may apply

LAMB & CO PROPERTY LTD, Essex
SIZE AVAILABLE

1,926 sq ft

179 sq m

SECTOR

High street retail property for sale

Key features

  • Freehold Investment Opportunity
  • 1 Shop x 3 Bed Split-Level Flat (requiring refurbishment)
  • Prime Town Centre Location
  • Vacant
  • New Shopfront & Windows
  • EPC TBC
  • Large Roof Terrace
  • Air Conditioning
  • Roof Replaced Approx 7 Years Ago

Description

Situated in a prime location in Clacton town centre, this freehold mixed-use investment presents an excellent opportunity with vacant possession (requiring refurbishment). The property comprises a ground-floor retail unit and a three-bedroom self-contained flat above. Following refurbishment, we anticipate a combined rental income of £28,800 PA representing an approximate yield of 11.52%.

Opening Paragraph - Accommodation comprises with approximate room sizes as follows:

Entrance door to:

Shop Unit - Anticipated Rent - £1,500PCM / £18,000 PA

Staff Room/Kitchen -

Store -

Wc -

First Floor -

Roof Terrace -

Flat - Anticipated Rent - £900 PCM / £10,800 PA

Kitchen -

Bedroom Three -

Lounge -

Second Floor Landing -

Bathroom -

Bedroom One -

Bedroom Two -

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.

Business Rates - The property appears in the VOA Ratings List as 'Shop and premises' with a Rateable Value of £13,750 (From April 2026), giving approximate Rates Payable of £6,861.25. The rate payer should qualify for partial Small Business Rates Relief (subject to meeting eligibility criteria).

Material Info -

Agents Note - 1) The property is currently held in an SPV, the shares of which can be purchased (no stamp duty payable).
2) Shop fixtures and fittings can remain subject to negotiation.

Brochures

Station Road, Clacton On Sea

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clacton Station0.3 miles
  • Thorpe-le-Soken Station4.1 miles
  • Kirby Cross Station4.4 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 34570087. 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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