£239,950
(£344.76/sq. ft)
Light industrial for saleNorth Street, Rochford, Essex SS4
696 sq. ft
Freehold
About this property
Investment
696 Approx Sq Ft
Freehold
Description:
Located just around the corner from the Market Square and comprising a celebrated Gents Hair Salon in some 696 sq.ft. Let with an income of £10,140pa, together with a s/c 1 bedroom flat above, which could be let for circa £9,600pa & therefore a erv of £19,740pa.
Property
All measurements are approximate and were measured on a Gross Internal Area (gia) basis.
Ground floor 696 sq.ft.
1st floor flat, (398 sq.ft.) with 1 bedroom, kitchen, lounge, shower room with WC.
Features
Adjacent To Market Square
In Historic Market Town
Approx. 696 Sq.Ft.
Self-Contained 1 Bedroom Flat
erv £19,740pa
Investment Opportunity
Tenure
Freehold, subject to the tenancies referred to.
Tenancy
The ground floor is let for a term of 10 years from the 9th July 2018, producing a rent of £8,340pa. (Next & last rent review July 2026). The rear areas are rented to the tenant under a separate agreement, and produce a further £1,800pa.
The flat above, which the purchaser can have vacant possession of, could be let to produce circa £9,600. Erv therefore £19,740pa.
Energy Performance Certificate
Copies of the EPC's are available on request.
Legal Fees
Each party is to be responsible for their own legal fees.
Viewing
All arrangements to view are via Gerard Biagioni of Dedman Gray Property Consultants on .
Located just around the corner from the Market Square and comprising a celebrated Gents Hair Salon in some 696 sq.ft. Let with an income of £10,140pa, together with a s/c 1 bedroom flat above, which could be let for circa £9,600pa & therefore a erv of £19,740pa.
Property
All measurements are approximate and were measured on a Gross Internal Area (gia) basis.
Ground floor 696 sq.ft.
1st floor flat, (398 sq.ft.) with 1 bedroom, kitchen, lounge, shower room with WC.
Features
Adjacent To Market Square
In Historic Market Town
Approx. 696 Sq.Ft.
Self-Contained 1 Bedroom Flat
erv £19,740pa
Investment Opportunity
Tenure
Freehold, subject to the tenancies referred to.
Tenancy
The ground floor is let for a term of 10 years from the 9th July 2018, producing a rent of £8,340pa. (Next & last rent review July 2026). The rear areas are rented to the tenant under a separate agreement, and produce a further £1,800pa.
The flat above, which the purchaser can have vacant possession of, could be let to produce circa £9,600. Erv therefore £19,740pa.
Energy Performance Certificate
Copies of the EPC's are available on request.
Legal Fees
Each party is to be responsible for their own legal fees.
Viewing
All arrangements to view are via Gerard Biagioni of Dedman Gray Property Consultants on .
Mortgage calculator
Monthly repayment
£1,200 per month
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