West Avenue, Clacton On Sea

£325,000 Price

Summary

Freehold commercial investment in a prime position in Clacton town centre. The property comprises two retail units to the ground floor producing £29,000 PA, plus ground rent income of £400 PA from 4x flats above (sold off on long leasehold).

Features

  • Freehold Investment
  • Two Retail Units Producing £29,000 PA
  • Ground Rent Income £400 PA
  • Town Centre
  • Approx Total Yield 9%
  • EPC C/D

Files

Opening paragraph
Accommodation comprises with approximate room sizes as follows:

Entrance door to:

10 West Avenue
Currently achieving £13,500 per annum. Approx 1,111 Sq Ft (including basement)

STORAGE

KITCHEN

BASEMENT

8 West Avenue
Currently achieving £15,500 per annum. Approx 827 Sq Ft (plus basement)

KITCHEN TWO

BASEMENT

UPPERS
4x flats to upper floors sold off on long leasehold. Total ground rent income of £400 PA.

OUTSIDE FRONT

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