Offers over
£390,000
(£173.18/sq. ft)
Retail premises for sale14 King Street, Stanford-Le-Hope SS17
2,252 sq. ft
Just added
Freehold
About this property
Mixed-use freehold property
Ground-floor retail unit extending to approx. 1,411 sq ft
Self-contained two-bedroom flat above
Flat producing £1,200 pcm
Prominent Stanford-le-Hope town centre location
Within walking distance of the railway station
Offers in excess of £390,000
Description
An excellent opportunity to acquire a mixed-use freehold property in central Stanford-le-Hope, comprising a 1,411 sq ft ground-floor retail unit with storage and a self-contained 841 sq ft two-bedroom flat above.
The shop benefits from a fully glazed frontage, electric roller shutter, air conditioning and rear loading access, with potential to increase the retail area. Havens Hospice currently occupies the shop, with the lease expiring in February 2027 and the tenant, we understand is vacating.
The flat is let on a periodic tenancy, producing £1,200 pcm (£14,400 per annum).
Location
The property is situated in the heart of Stanford-le-Hope’s established commercial centre, surrounded by a range of shops, businesses and local amenities. Stanford-le-Hope mainline railway station is within walking distance, providing convenient rail connections.
The location also benefits from excellent road links, with the A13 and M25 both easily accessible, providing onward connections throughout Essex and into London.
Viewings
Strictly by prior appointment with the vendors appointed agent Ayers & Cruiks
Terms
The ground floor shop is let to Havens Hospice, the lease expires in February 2027 and we are advised they will be vacating.
The first floor flat is let on a periodic tenancy producing £1,200 pcm
The property is being sold as is with approximately 5 months remaining of Havens lease
Price
Offers in excess of £390,000 subject to the existing tenancies.
An excellent opportunity to acquire a mixed-use freehold property in central Stanford-le-Hope, comprising a 1,411 sq ft ground-floor retail unit with storage and a self-contained 841 sq ft two-bedroom flat above.
The shop benefits from a fully glazed frontage, electric roller shutter, air conditioning and rear loading access, with potential to increase the retail area. Havens Hospice currently occupies the shop, with the lease expiring in February 2027 and the tenant, we understand is vacating.
The flat is let on a periodic tenancy, producing £1,200 pcm (£14,400 per annum).
Location
The property is situated in the heart of Stanford-le-Hope’s established commercial centre, surrounded by a range of shops, businesses and local amenities. Stanford-le-Hope mainline railway station is within walking distance, providing convenient rail connections.
The location also benefits from excellent road links, with the A13 and M25 both easily accessible, providing onward connections throughout Essex and into London.
Viewings
Strictly by prior appointment with the vendors appointed agent Ayers & Cruiks
Terms
The ground floor shop is let to Havens Hospice, the lease expires in February 2027 and we are advised they will be vacating.
The first floor flat is let on a periodic tenancy producing £1,200 pcm
The property is being sold as is with approximately 5 months remaining of Havens lease
Price
Offers in excess of £390,000 subject to the existing tenancies.
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Monthly repayment
£1,950 per month
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