Offers in region of
£1,050,000
(£388.74/sq. ft)
Retail premises for sale259 London Road, Hadleigh, Benfleet SS7
2,701 sq. ft
Freehold
About this property
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
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).
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.
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.
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).
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.
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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Monthly repayment
£5,252 per month
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