For Sale

Shop, 142 Hamlet Court Road, Westcliff-on-Sea, SS0 7LN

  • Area 629 sq ft (58 sqm)
  • Sale Price £310,000

Amenities

  • 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

Description



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
Separate W.C

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.

 

Tenure

Tenanted Investment

EPC

Available upon request

Viewing

By appointment with Ayers & Cruiks

Area 629 sq ft Land Area 629 sqft

Agents

Darrell Clarke

Neil Burroughs

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