FOR SALE - FREEHOLD INVESTMENT GROSS YIELD 8% YIELD.

Property Description

A Grade II listed end of terrace cottage build circa 1600's of traditional solid brick construction with a pitched roof which has been converted into a ground floor retail shop along West Street and a 3 bedroom self contained maisonette along Back Lane.

Accommodation
The ground retail shop has been measured on a Net Internal Area (NIA) basis.
Ground Floor - Approx. 419 sq. ft - Tenanted £875 pcm From June 2024.
First floor Flat - Approx 609 sq. ft - Tenanted £1100. pcm

Features
Grade II Listed
Good Transport Links
Gross Yield 8%
Freehold Investment Sale
Excellent Condition
3 Bedroom Flat

Services
All main services are available, power and water connected.

Terms
Freehold Sale - Tenants in occupation.

Energy Performance Certificate
N/A

Business Rates
69 West Street is entered on the April 2023 rating list as a Shop & Premises with a current rateable value of £5,800 therefore attracting 100% small business rates relief. Interested parties are advised to seek verification from Southend City Council.

Legal Costs
Each party to be responsible for their own.

Viewing
By prior appointment with the Sole Selling Agents, Dedman Gray Commercial. Contact Matt Parsons on 01702 311143 for more details.