The Walk, High Street, Billericay, Essex, CM12

£2,000,000

Size

6,370

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Frontage
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No floor / site plan

Key features

  • Rental Income: £184,600 p.a.
  • Gross Initial Yield: 9.23%
  • Comprises retail parade of 10 shops and self-contained office accommodation (No.128A) which has been sold-off on long leasehold
  • VAT is applicable to this property
  • 100% Retail Occupancy. Two of the tenants have been in occupation since 1984/85
  • Nearby occupiers include Waitrose, Greggs, Poundland, Iceland Foods, KFC and many more.

Description

Investment Consideration:
Gross Initial Yield: 9.23%
Rental Income: £184,600 p.a.
VAT is applicable to this property
Comprises retail parade of 10 shops and self-contained office accommodation (No.128A) which has been sold-off on long leasehold
Total existing area: 590 sq m (6,370 sq ft)
100% Retail Occupancy. Two of the tenants have been in occupation since 1984/85
Nearby occupiers include Waitrose, Greggs, Poundland, Iceland Foods, KFC and many more.

Property Description:
No.128 High Street: Gift Shop
Ground Floor: 126 sq m (1,358 sq ft)
Open plan retail, Storage, Kitchenette

Unit 2 The Walk: Chiropodist
Ground Floor: 31 sq m (334 sq ft)
Open plan retail, Storage, Kitchenette

Unit 3 The Walk: Cafe
Ground Floor: 40 sq m (431 sq ft)
Open plan retail, Storage, Kitchen

Unit 4 The Walk: Nail Bar
Ground Floor: 100 sq m (1,078 sq ft)
Open plan retail, Storage, Kitchenette

Unit 5 The Walk: Retail
Ground Floor: 51 sq m (550 sq ft)
Open plan retail, Storage, Kitchenette

Unit 6 The Walk: Hair Salon
Ground Floor: 51 sq m (550 sq ft)
Open plan retail, Storage, Kitchenette

Unit 7 The Walk: Hair Salon
Ground Floor: 44 sq m (474 sq ft)
Open plan retail, Storage, Kitchenette

Unit 8 The Walk: Organic Food Supplements
Ground Floor: 45 sq m (485 sq ft)
Open plan retail, Storage, Kitchenette

Unit 9 The Walk: Bubble Tea Shop
Ground Floor: 45 sq m (485 sq ft)
Open plan retail, Storage, Kitchenette

Unit 10 The Walk: Mobile Phone Shop
Ground Floor: 58 sq m (625 sq ft)

Location:
Billericay is situated in the South East Essex Area approximately 35 miles east of central London and 10 miles distant of the M25 and national motorway network accessed via the A127 Arterial Road which provides direct links to the A12. Billericay has a main line railway station providing services to the City. The property is located in the heart of Billericay and forms part of the popular 'The Walk' shopping parade, situated at the south end of Billericay High Street. The Walk provides a number of local retailers benefiting from good footfall due to its role as a thoroughfare to the Waitrose car park. Occupiers nearby including Waitrose, Greggs, Poundland, Iceland Foods, KFC and many more
Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Floors in building
1
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

The Walk, High Street, Billericay, Essex, CM12

NEAREST STATIONS

National Rail

Billericay Station

0.42 miles

National Rail

Ingatestone Station

3.31 miles

National Rail

Shenfield Station

3.72 miles

About BLUE ALPINE PARTNERS LIMITED, London

BLUE ALPINE PARTNERS LIMITED, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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Disclaimer - Property reference thewalk. 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 BLUE ALPINE PARTNERS LIMITED, London. 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.