This commercial investment and development opportunity is situated on Maldon High Street within close proximity to other shops, bars, cafes and restaurants, as well as recreational facilities available at Maldon's Hythe Quay and Promenade Park.
Situated on the Blackwater Estuary, Maldon has supermarkets and retail parks with further High Street shopping, amenities and recreational facilities in the City of Chelmsford approximately 10 miles to the west by vehicular access on the A414.
The subject property is made up of a ground floor commercial investment with flat above, in need of modernisation and improvement, a former coach house with potential, and two three storey cottages in need of finishing off.
144 High Street (The Waffle Bar)
Ground Floor
Main sales area plus additional seating area (24 covers in total), kitchen, inner hallway and cloakroom/W.C.
Tenancy
Let on the terms of a commercial lease at a current rental of £8,000 per annum.
144A High Street
First Floor Flat
A residential flat in need of modernisation and improvement, above The Waffle Bar. At present access has not been possible but is expected during the marketing period.
Council Tax Band - Deleted
144B High Street (Coach House) - Ground Floor
Open space with staircase up to upper level.
Cottages to Rear of 144 High Street
Each cottage is a mirror image of the other and both have accommodation comprising:-
Ground Floor
Entrance into kitchen/dining room area, rear lobby with stairs to first floor.
First Floor
Landing, one room and bathroom.
Second Floor
Landing, room with partial restricted head room and skylight window.
Outside
There is a hardstanding area to the side of each cottage and a courtyard garden to the rear.
Site Measurements
The total site extends to 0.05 hectares (0.12 acres).
Planning
Planning Permission was granted by Maldon District Council under reference 13/00288/FUL, dated 4th September 2013, for the construction of two reclaimed cottages to the rear of 144B High Street, Maldon, subject to conditions.
In addition, Planning Permission was granted under reference 13/00562/LBC, dated 4th September 2013, for the conversion of the existing coach house into a live/work unit and two storey side extension including new carriageway arch for access to rear, subject to conditions.
Whilst some work has started on the coach house, the validity of this Planning Permission would need to be confirmed with Maldon District Council.
Copies of the Planning Consents and accompanying documents may be downloaded from the Local Planning Authority website, maldon.gov.uk. Tel: 01621 854477.
Auctioneer's Note
We have been advised by the seller that elements of the cottages do not meet the Building Regulations required and require alteration. Further information will be available within the legal pack which can be downloaded from the Clive Emson website.