Mixed use investment opportunity consisting of a commercial unit and three residential flats let on ASTs.
Summary
- Mixed use investment opportunity
- Commercial unit with basement and mezzanine level
- Three modern 1 bedroom flats all let on ASTs
- Strong existing income of £39,000 per annum
- Offers in the region of £1,050,000
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground - Retail unit | 1,001 | 93 | Available |
| Basement | 303 | 28.15 | Available |
| Ground - Flat A | 538.20 | 50 | Available |
| Ground - Flat B | 440.24 | 40.90 | Available |
| 1st - Flat C | 418.72 | 38.90 | Available |
| Total | 2,701.16 | 250.95 |
Location
This property is situated on a busy high street in Hadleigh meaning that it experiences high levels of visibility and footfall. The area is close to the town centre, well served by bus routes and within easy each of Benfleet train station, offering good connections to London and Southend.
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Mainline Stations
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Leigh-On-Sea28 mins
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Benfleet43 mins
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Rayleigh50 mins
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Chalkwell52 mins
Underground Station
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Shenfield256 mins
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Ockendon270 mins
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Brentwood271 mins
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Chafford Hundred284 mins
Further Information
Price Offers in the region of £1,050,000
Rates Payable Interested parties are advised to confirm the rating liability with the relevant local authority
Description
This mixed use investment opportunity comprises of a high specification commercial unit arranged over three levels together with three one-bedroom residential flats, all currently let on ASTs. The commercial unit is arranged across a main retail area on the ground floor (879 sq ft), mezzanine level (122 sq ft) and a basement (303 sq ft) which would be ideal for office space or storage. The ground floor has a rear break out room which is fitted with a kitchen and also benefits from WC facilities. The three residential flats have all been refurbished to a high standard with the top floor flat benefitting from a sun balcony (169 sq ft).
Tenancy Schedule
The three residential flats are currently let on assure short hold tenancies with a combined rental income of £3,250 per calendar month (£39,000 per annum).
Price
Offers in the region of £1,050,000
Viewings
Strictly by prior appointment via the landlords appointed agents Ayers & Cruiks.
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