£175,000
Retail premises for saleHigh Street, Brentwood CM14
Available immediately
Freehold
About this property
Freehold investment
7.54% yield at asking price
Fully insuring & repairing lease
Kitchen area
Open plan trading area
Prominent position
Store room
Description
Calling all investors.
Located in Brentwood High Street, this lock-up shop is let on a new, fully insuring and repairing lease with a passing rent of £13200 per annum returning a yield of 7.54% at asking price.
The current tenant derives income from selling vapes, cold drinks and snacks, and the shop offers an open plan trading area, store room, kitchen area and wc.
Close to the property are a range of national and independent retailers, coffee shops and eateries that currently includes Marks & Spencer, Iceland, Boots, Nandos, Burger King and Costa Coffee.
Brentwood Station is within 1/2 mile radius of the property and approx. 10 minutes' walk away providing regular train services to London's Liverpool Street (approx. 30 mins) via the Elizabeth Line.
The M25 (J28) and A12 roads are also within easy access.
Tenure: Freehold
Entrance
Door and window to:
Main Shop Area
18ft 5 x 12ft
Display cabinets, serving counter, access to:
Storage Room
14ft 3 x 5ft 1
Open to:
Kitchen Area
8ft 6 x 8ft 4
Tiled floor, door to:
WC
Low flush wc, sink unit, tiled walls and floor.
Calling all investors.
Located in Brentwood High Street, this lock-up shop is let on a new, fully insuring and repairing lease with a passing rent of £13200 per annum returning a yield of 7.54% at asking price.
The current tenant derives income from selling vapes, cold drinks and snacks, and the shop offers an open plan trading area, store room, kitchen area and wc.
Close to the property are a range of national and independent retailers, coffee shops and eateries that currently includes Marks & Spencer, Iceland, Boots, Nandos, Burger King and Costa Coffee.
Brentwood Station is within 1/2 mile radius of the property and approx. 10 minutes' walk away providing regular train services to London's Liverpool Street (approx. 30 mins) via the Elizabeth Line.
The M25 (J28) and A12 roads are also within easy access.
Tenure: Freehold
Entrance
Door and window to:
Main Shop Area
18ft 5 x 12ft
Display cabinets, serving counter, access to:
Storage Room
14ft 3 x 5ft 1
Open to:
Kitchen Area
8ft 6 x 8ft 4
Tiled floor, door to:
WC
Low flush wc, sink unit, tiled walls and floor.
Mortgage calculator
Monthly repayment
£875 per month
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