£300,000
Retail premises for saleHigh Street, Brentwood CM14
Freehold
About this property
Freehold investment
Fully insuring & repairing lease
Open plan trading area
Prominent position
8% yield at asking price
Three floors to the property
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 £24,000 per annum returning a yield of 8% at asking price.
The current tenant derives income from selling mobile accessories and repairs and the shop offers an open plan trading area, stock room, rear access and three rooms over two further floors.
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
26ft 9 x 7ft 4
Display cabinets, serving counter, access to:
Storage Room
17ft 3 x 4ft 3
Window to front, access to:
Lobby
8ft 6 x 8ft 4
Door with roller shutter to rear, stairs to:
Landing
Stairs to second floor and access to:
Room 1
22ft x 8ft 4
Sash cord window to front.
Room 2
10ft x 8ft 4
Window to rear.
Landing
Open plan to:
Room 3
14ft 6 x 7ft 6
Window to rear, toilet.
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 £24,000 per annum returning a yield of 8% at asking price.
The current tenant derives income from selling mobile accessories and repairs and the shop offers an open plan trading area, stock room, rear access and three rooms over two further floors.
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
26ft 9 x 7ft 4
Display cabinets, serving counter, access to:
Storage Room
17ft 3 x 4ft 3
Window to front, access to:
Lobby
8ft 6 x 8ft 4
Door with roller shutter to rear, stairs to:
Landing
Stairs to second floor and access to:
Room 1
22ft x 8ft 4
Sash cord window to front.
Room 2
10ft x 8ft 4
Window to rear.
Landing
Open plan to:
Room 3
14ft 6 x 7ft 6
Window to rear, toilet.
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