FREEHOLD COMMERCIAL INVESTMENT
Guide price: £240,000 - £250,000 *
Tuesday, 13th December 2016 11:00am
Location & Description
A detached Grade II listed property in a conservation area on the north side of London Road in a local retail area, approximately ½ mile north of Waterside Marina. Brightlingsea is an attractive coastal market town some 70 miles north east of central London. The property comprises a shop with a separate studio unit and a split level 3-bedroom flat, plus a detached garage.
First Floor: Self-contained studio flat with separate street access.
Split Level Flat: First floor: 4 rooms, bathroom/WC
Ground Floor: 2 rooms, kitchen
Separate detached garage fronting Andrew Road.
Ground Floor Shop: Retail and storage 1,100 sq ft (102 sq m)
Entire property is let by way of a two year lease from June 2010, currently holding over at a rent of £2,000 pcm. We understand the shop and studio flat are sub let.
EQUIVALENT TO £24,000 p.a.
* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.