Lot 1: FREEHOLD HIGH STREET COMMERCIAL PREMISES WITH UPPER PARTS

Sold £357,000

Situated at the heart of the historic market town of Maldon is this established commercial premises with upper parts located in the High Street close to the Moot Hall with other businesses close by, including Santander, Boots, Superdrug, Halifax, M & Co and M&S Foodhall.

Currently a shop premises with store rooms above and parking to the rear accessed via Bull Lane off Market Hill. The property may offer development potential for alternative uses, subject to all the necessary consents being obtainable.

Ground Floor

Main shop front/sales area, fitting rooms, office, rear lobby, kitchen and cloakroom/W.C.

First Floor

Landing, two stock rooms and access to attic space via a vertical metal ladder.

Basement Level

Accessed via main shop area with stairs down to central area with three rooms off.

Outside

Outbuilding to rear and car park accessed via Bull Lane.

Tenancy

Let under the terms of a five year lease, commencing 15th September 2016, at a current rental of £33,600 per annum. We have, however, been advised that the tenant has exercised their ‘break option’ and will terminate their lease on 15th September 2019.

Local Planning Authority

Maldon District Council. Tel: 01621 854477. Website: maldon.gov.uk

Commercial EPC: C