Old Road, Clacton-On-Sea

£240,000 Price

Summary

Offered with vacant possession, this Freehold commercial property comprises approximately 2,200 Sq Ft over ground and first floors. The ground floor commercial space is offered in good condition and we anticipate an achievable rent of £10,800 PA. The first floor historically had permission to convert to residential accommodation and has been stripped out, once converted we expect a rental income of £12,000 PA could be achieved. Externally there is forecourt to front and gated access to side leading to an enclosed rear yard.

Features

  • Freehold Commercial Property
  • Approx. 2,200 Sq Ft
  • Vacant
  • First Floor Potential for Residential
  • Forecourt Parking
  • EPC TBC
  • Rear Yard
  • Potential Income in Region of £22,000 PA

Files

GROUND FLOOR

RECEPTION

STORAGE

INNER HALL

KITCHENETTE

ROOM 1

ROOM 2

WC

ROOM 3

FIRST FLOOR
Separate street entrance, stair flight to first floor. Historically was due to be converted to residential accommodation and has been stripped out.

1

2

OUTSIDE

OUTSIDE REAR

PLANNING
Historical application for conversion of first floor to maisonette – 01/01744/FUL

BUSINESS RATES
The property appears in the VOA ratings list as a ‘Funeral Parlour and Premises’ with a rateable value of £7,700 giving rates payable of £3,842.30 PA. An occupier may qualify for 100% Small Business Rate Relief subject to meeting eligibility criteria.

MATERIAL INFO
Council Tax Band: N/A
Heating: Electric panel heaters
Services:
Mains electricity – Yes
Mains gas – Yes
Mains water – Yes
Mains drainage – Yes
Other –
Broadband: Ultrafast fibre available (up to 2000mbps)
Mobile Coverage:
O2 – 77%
EE – 78%
Three – 76%
Vodafone – 79%
Construction: Conventional
Restrictions: None
Rights & Easements: None known
Flood Risk:
Rivers & Sea – Very low
Surface Water – Very low
Additional Charges: None
Seller’s Position: No onward chain
Garden Facing: West
Non-Standard Features to note: None

ANTI MONEY LAUNDERING
ANTI-MONEY LAUNDERING REGULATIONS 2017 – In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.

AGENT NOTE
PLEASE NOTE – Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.

Request a viewing on Old Road, Clacton-On-Sea.