6 bedroom retail property (high street) for saleBrentwood Road, Grays, Essex
*** GUIDE PRICE £650,000 - £700,000 WITH NO ONWARD CHAIN *** cmRENT & SALES are delighted to offer for sale this FREEHOLD COMMERCIAL PROPERTY (Residential Flats & Restaurant). The freehold investment comprises of Three bed-sits, a Two bedroom flat, One bedroom flat & a commercial Premises for class A3 usage . This is a fantastic opportunity that could create a great investment income currently achieving an income between £50,000 - £60,000 per annum.
|Bedsit No1||13'9" x 13' (4.2m x 3.96m). Total yearly rent that currently achieving - £6,240.00 pa (£120.00 p/w) Bedsit includes own kitchen area, access to shared bathroom with shower and use of the communal garden area|
|Bedsit No2||12'3" x 9'10" (3.73m x 3m). Total yearly rent that currently achieving - £4,940.00 pa (£95.00 p/w) Bedsit includes own kitchen area, access to shared bathroom with shower and use of the communal garden area|
|Bedsit No3||11'9" X 10'11" (3.58m X 3.33m). Total yearly rent that currently achieving- £4,940.00 pa (£95.00 p/w) Bedsit includes own kitchen area, access to shared bathroom with shower and use of the communal garden area|
|1 Bedroom Flat|| Total yearly rent that currently achieving- £7,080.00 pa (£590.00 p/m) Bedroom 4.67m (15`4") x 1.93m (6`4") Lounge3.33m(10`11") x 2.62m (10`11") Kitchen 3.38m (11`1") x 2.62m (8`7") Shower room 1.68m( 5`6") z 89m (2`11") Separate W.C. and wash basin & access to Communal Garden|
|2 Bedroom Flat|| This Property is accessed via its own private front door and is located above the resturant also offering loft access. Total yearly rent that currently achieving- £8,280.00 pa (£690.00 p/m)|
|Akash Indian Restaurant|| 7 years remaining on lease - Total yearly rent that currently achieving- £24,000.00 pa|
|Loft Space|| The loft space above both can be converted into further accommodation Subject to planning creating additional rental income of approximately - £10,000 - £15,000 per annum.|
|Total annual rent for property|| £55,480.00|
Energy Performance Certificates (EPCs)
To view this media, please visit the on-line version of this page at www.rightmove.co.uk/commercial-property-for-sale/property-62036081.html
Energy Performance Certificate (EPC) graphs
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference CME160062. 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 cmRENT & SALES, Chelmsford. 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.
* The speed displayed is the maximum broadband speed package available on comparethemarket.com. These may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by Decision Technologies Limited.
Map data ©OpenStreetMap contributors.