MIXED USE COMMERCIAL INVESTMENT SHOP & 2 BED FLAT
PRICE: £365,000 – FREEHOLD
LOCATION – HIGH STREET, WICKFORD – ESSEX
REF: I0045E
MIXED USE COMMERCIAL INVESTMENT SHOP & A 2 BEDROOM FLAT occupying a mid-terraced property on a VERY BUSY HIGH STREET close to the MAINLINE STATION & MAJOR SUPERMARKET located in WICKFORD – ESSEX. The shop is currently let on a 7-year lease at a rental of £16,000 per annum exclusive and the 2-bedroom flat is currently let on an AST at £550 PCM which is under market value and could achieve £750 to £850 PCM with updating and modernisation. TOTAL RENTAL INCOME £22,600. The parade itself is WELL ESTABLISHED and is a vibrant mix of independent retailers and MAJOR BRANDS with the property boasting neighbours CO-OP FUNERALCARE & NATWEST BANK either side. Serious interested parties only are advised to contact Scott Nicholson Meek at ESSEX AND SUFFOLK BUSINESS SALES.
- Asking Price:
- £365,000
- Turnover:
- £22,600
- Net Profit:
- Under £50K
Property Information
- Property:
-
Freehold
- Living Accommodation:
-
2 BEDROOM FLAT
- Location:
-
HIGH STREET, WICKFORD - ESSEX
- Size in square feet:
- 1,180
