Lot 2: FREEHOLD INVESTMENT OPPORTUNITY SHOP AND TWO BEDROOM FLAT ABOVE

Mixed Commercial/Residential - Westcliff on Sea
Front View.
Mixed Commercial/Residential - Westcliff on Sea
Flat Kitchen Area.
Mixed Commercial/Residential - Westcliff on Sea
Flat Living Area.
Sold After

This mid-terrace freehold property is offered as mixed use investment opportunity comprising a ground floor commercial unit and an independently accessed two bedroom flat on the first floor (both currently let).

The property is located in a popular busy road with many independent businesses as well as larger High Street names.

Shop Unit

Ground Floor

Main office area, kitchen area and W.C.

Tenancy

Let on a three year short term commercial lease, from 5th April 2017, at a current rental of £7,000 per annum.

First Floor Flat

Accessed from ground floor entrance doors and stairs leading to: open plan kitchen/living area, two bedrooms, bathroom/W.C.

Tenancy

Holding over on a six month Assured Shorthold Tenancy Agreement from 31st October 2017 at a current rental of £700 per calendar month.

Outside

Small rear yard.

Residential EPC: D
Commercial EPC: C