Mixed-use commercial investment 2 shops & a 2-bed flat
price: £360,000, freehold
location: London Road, Hadleigh, Essex
Mixed-use commercial investment 2 shops & a 2-bedroom flat occupying a mid-terraced property on a bustling 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 was £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 are advised to contact Scott Nicholas Meek at Essex and Suffolk Business Sales.
