Summary

Property Type Retail
Tenure For Sale
Size 1,227 sq ft
Price Offers in the region of £650,000.00
Rates Payable Upon Enquiry
EPC Rating This property has been graded as C (58)
  • Freehold Sale - £650,000
  • Investment opportunity
  • Current total income - £40,000 per annum
  • Gross income: 6.1% yield, before costs
  • Configuration - retail shop plus two bed flat
  • Further details upon request
  • Prominent location
  • Close to M25

About

Mixed use investment opportunity, Freehold Sale Price - £650,000, the sale is not subject to VAT.

Self contained parts - ground floor retail unit plus residential flat on the first floor. Retail tenant - Creams Cafe franchise - https://www.creamscafe.com with a retail income of £25,000 per annum. Retail lease details available upon request

The residential upper part consists of a two bedroom flat, with a residential income of £15,000 per annum. Residential tenancy details available upon request.

The development produces a total gross rental income of £40,000 per annum before costs. Each party to be responsible for their own legal costs. The Freehold Investment has a return frontage and is situated in a local retail parade.

Location

Prominent location in central Woodham - The building is located on Woodham Lane(B385) at the inter-section with Scotland Bridge Road and The Broadway, the M25 is within 10 minutes drive.

Get directions from Google Maps

309 Woodham Lane - IMG_3484.JPG