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53-63 Jeffreys Road, Braintree

Guide price

£475,000

Auction

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Size

2,517

Tenure

Freehold

EPC

Parking

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Primary use: Other

No floor / site plan

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Key features

High Yielding Multi Let Retail Investment
Parade of Five Units
Fully Let to 3 Tenants
Asset Management Potential
Development Potential (stc)
Plans Drawn Up for 6 x 1 beds to New Upper Parts
2,517 sq ft (234.08 sq m)
VAT-Free Investment
Investment Let at £50,000 p.a. (10.53% GIY on Guide Price)

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Description

The property comprises a high yielding, multi-let retail investment forming a popular local parade.

Arranged as five retail units with associated rear land, the property is currently fully let to 3 tenants producing a combined rent of £50,000 per annum. The property includes an approximate 3 metre strip of land to the rear of the building.

Cressing is a an attractive village approximately 3 miles south-east of Braintree and approximately 42 miles north-east of the City of London. The property is located within a primarily residential area close to Cressing Rail Station. Other nearby retailers include a Nisa Local & Post Office, and a One-Stop convenience store. Apart from these there is no other retail provision in the immediate area.

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Additional information

Service charge: Ask agent
Business rates: Ask agent
Use class: Ask agent
Listed building: Ask agent

Energy performance certificate: A

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

53-63 Jeffreys Road, Braintree

NEAREST STATIONS

Cressing Station

0.4 miles

Braintree Freeport Station

1.12 miles

White Notley Station

1.26 miles

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Disclaimer - Property reference DE66AA75-3A72-43D6-BB5D-2497C1ED5D91. 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 Savills National , Savills Auctions- Commercial. 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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53-63 Jeffreys Road, Braintree

2,517

Freehold

Key features

Description

53-63 Jeffreys Road, Braintree

Your search history

53-63 Jeffreys Road, Braintree

2,517

Freehold

Key features

Description

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