- Sought after retail parade
- Planning for 1 bedroom flat to rear
- On street parking and nearby public car
- Currently produces and income of £15,920
- Freehold for sale - £310,000
Situated within the principal shopping thoroughfare of Westcliff on Sea, close to main multiple retailers including Tesco Express, Savers, Greggs and Sainsbury’s in addition to a number of independent local retailers. Hamlet Court Road affords good road connections and public car parking in addition to on street parking.
The ground floor comprises of a retail unit let to the Cats Protection Trustees Ltd on a 6 year lease from 30th July 2015 at a passing rent of £9,500 per annum exclusive.
To the first floor is a 2 bedroom self-contained flat which comprises of;
Lounge: 3.20m x 3.80m
Kitchen: 2.90m x 3.10m
Bedroom 1: 3.60m x 3.20m
Bedroom 2: 2.80m x 1.60m
Shower Room: 2.20m x 2.10m
This has been let for many years to the same Tenant on an Assured Shorthold Tenancy at a passing rent of approx. £6,420 per annum.
Therefore it currently produces an income of £15,920 per annum.
The property also benefits from planning consent to erect a 1 bedroom self-contained unit to the rear under planning reference 17/01910/FUL.
There is a Community Infrastructure Levy (CIL) of £1,131.85.