FREEHOLD COMMERCIAL INVESTMENT PLUS 2 FLATS LET ON AST's
Guide price: £400,000 - £405,000
Location & Description
Waltham Abbey is an historic market town in the south west of Essex and is just to the north east of Junction 25 of the M25.
The property comprises an end of terrace shop (with subsequent planning for A3 expiring April 2017) and two self-contained flats above in a conservation area on the north side of Highbridge Street. The Town Hall is opposite and the Abbey Church a few yards away.
ACCOMMODATION (Based on VOA website)
Shop: 352 sq ft (33 sq m), including kitchen area, WC
Occupied by 'Puff Dad E' on a lease expiring 28.02.2017 (outside s24-28 of the L&T Act 1954) at £8,000 p.a.
Flat 12B Top Floor: 1 room with fitted kitchen area, shower/WC, Central heating.
Let on AST until 31.05.2018 at £640 pcm
Flat 12A First Floor: 3 rooms (1 with fitted kitchen area), Shower/WC, central heating.
Let on AST until 31.05.2018 at £775 pcm
EQUIVALENT TO £24,980 p.a.
Shop: E, Top flat: B , Mid flat: C
- Shop and 2 Flats
- Equivalent £24,980 p.a.
Wednesday 28 September at 12:00 (Noon)
Friday 30 September at 12:00 (Noon)
Wednesday 5 October at 12:00 (Noon)
Sold for £380,000.
Duncan Phillips Ltd 01992 701133 Ref: Howard Green