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A Freehold Investment Situated On Benfleet High Road For Sale

Benfleet, Essex, UK
Asking Price:
£325,000
Turnover:
Available on request
Net Profit:
Available on request

FREEHOLD SHOP & MAISONETTE INVESTMENT - HIGH ROAD, BENFLEET - A terraced retail shop with self-contained 2-bedroom maisonette which is situated in a fantastic trading location along High Road, Benfleet. Parking for two vehicles at rear of premises. The location benefits from high levels of footfall and vehicular passing trade, with the surrounding area also being highly built up residentially. The premises is just 0.7 miles from Benfleet mainline train station.

Ref: RX------ - I6766E

Location

Situated within a busy parade of shops along the High Road, Benfleet, benefitting from high levels of footfall and vehicular passing trade, with the surrounding area also being highly built up residentially. The premises is just 0.7 miles from Benfleet mainline train station.

Tenure

For sale freehold. The Flat is currently let at £825.00 pcm, with the current tenant 'holding over' on an AST. The shop is currently let to Liberty Lettings and is producing an annual rental of £8,500. The Lease on the property is up for renewal August 2023.

Flat

Entrance Hall: Entrance door into hallway comprising double glazed obscure window, smooth ceiling with pendant lighting, radiator, tiled flooring, doors to:
Kitchen: Range of wall and base level units with marble work surfaces above incorporating sink and drainer with mixer tap, integrated oven with induction hob and extractor fan above, double glazed window to side, smooth ceiling with fitted spotlights, radiator, tiled splash back and tiled flooring.

Lounge: Double glazed window to front, coved cornicing to ceiling with pendant lighting, feature fireplace, carpeted flooring.

First Floor

First Floor Landing: Pendant lighting, carpeted flooring, doors to:
Bedroom One: Double glazed window to rear, smooth ceiling with pendant lighting, built-in wardrobe, radiator and carpeted flooring.

Bedroom Two: Double glazed window to side, smooth ceiling with pendant lighting, radiator, carpeted flooring.

Bathroom: Three piece suite comprising panelled bath with mixer tap and wall mounted shower attachment, pedestal wash hand basin, low level w/c, double glazed obscure window to side, part-tiled walls, tiled flooring.

Shop

Main Shop: Double glazed window and door to front, pendant lighting, fitted spotlights, picture rail, radiator and laminate flooring.

Kitchen/Staff Room: Range of wall and base level units with laminate work surfaces above incorporating sink and drainer with mixer tap, space for under cabinet appliances, double glazed window to rear, door to rear, smooth ceiling with pendant lighting, storage cupboard and tiled flooring.

W/C: Two piece suite comprising wash hand basin, low level w/c, double glazed obscure window, pendant lighting and tiled flooring. Accessed from Courtyard.

Parking

There are two parking spaces at the rear of the premises.

Business Rates

The VOA confirm the shop premises is subject to a rateable value of £7,600 resulting in zero business rates payable, should small business rate relief apply to a tenant/occupier.

Legal Costs

Each party are to be responsible for their own legal costs incurred in the transaction.

Property Information

Property:

Freehold