FOR SALE
08/05/24
1999
I0042E / Rightbiz
MIXED USE COMMERCIAL INVESTMENT 2 SHOPS & A 2 BED FLAT
PRICE: £360,000 – FREEHOLD
LOCATION – LONDON ROAD, HADLEIGH – ESSEX
REF: I0042E
MIXED USE COMMERCIAL INVESTMENT 2 SHOPS & A 2 BEDROOM FLAT occupying a mid-terraced property on a VERY BUSY SHOPPING PARADE that is uniquely sandwiched BETWEEN 2 MAJOR SUPERMARKETS located on LONDON ROAD, HADLEIGH – ESSEX. Shop 1 is currently let on a 7-year lease at a rental of £9,400 per annum exclusive and Shop 2 is currently let on a 3-year lease at a rental of £6,600 per annum exclusive. The 2-bedroom flat is currently let on an AST at £600 PCM which is under market value and could achieve £750 to £850 PCM. TOTAL RENTAL INCOME £23,200. The parade itself is WELL ESTABLISHED and is a vibrant mix of independent retailers and MAJOR BRANDS such as PAPA JOHNS & LADBROKES. Serious interested parties only are advised to contact Scott Nicholson Meek at ESSEX AND SUFFOLK BUSINESS SALES.
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