King Street, Saffron Walden, Essex, CB10

A superb opportunity to acquire a prime mixed-use investment in the very heart of Saffron Walden, comprising a freehold commercial shop with four self-contained apartments, all included within the same purchase. Situated in one of Essex’s most desirable and historic market towns, this versatile property offers an excellent opportunity for investors seeking a combination of commercial and residential accommodation in a highly sought-after central location.

The residential accommodation comprises four apartments: two contemporary open-plan studio flats (Flats 1 & 2) and two one-bedroom apartments (Flats 3 & 4). All four flats are currently tenanted, with each benefiting from modern kitchens, stylish bathrooms and well-presented living accommodation. The property is also due to undergo improvement works, including the installation of brand-new windows, further enhancing energy efficiency and overall appeal.

Importantly, the sale includes the ground-floor shop and the freehold of the entire building, alongside all four residential apartments. This provides the purchaser with ownership of the commercial premises, the freehold interest and the residential accommodation, presenting an attractive opportunity to acquire a substantial mixed-use property in a prominent town-centre position.

The shop and four flats currently generate a combined rental income of approximately £57,000 per annum, offering an attractive investment opportunity with an approximate gross yield of 7.5% per annum. This makes the property an appealing proposition for investors seeking a substantial rental income from a mixed-use investment.

Prime Town-Centre Location and Excellent Transport Links

Positioned in the heart of Saffron Walden, the property is ideally placed for the town’s vibrant high street, independent retailers, cafés, restaurants and everyday amenities. The historic market town continues to attract residents and visitors alike, making this an appealing location for both commercial occupiers and residential tenants.

Audley End railway station is a short distance away, providing rail connections to London Liverpool Street and Cambridge. Stansted Airport is also readily accessible, while the M11 offers convenient road links towards London, Cambridge and the wider region.

An excellent opportunity to purchase a freehold mixed-use investment, combining a town-centre shop with four apartments in one of Essex’s most sought-after market towns.

Agents note: Council Tax & EPC will be confirmed once the property is sold and Freehold.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:

We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.

POTENTIAL TENANTS: Properties are offered in line with current legislation, including the Renters Rights Act. Tenancies will typically be granted as periodic (rolling) agreements, unless otherwise agreed. A security deposit will be required, capped in line with current legislation. It is the tenant’s responsibility to insure their personal possessions.

BUYERS INFORMATION

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers and ID. There is a nominal charge of £80 inc VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to advertise a property or issue a memorandum of sale until the checks are complete.

REFERRAL FEES

We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Intercounty.

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