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Investment

Investment For Sale Maldon

PROPERTY ID: 143102

PROPERTY TYPE

Investment

STATUS

Available

SIZE

1,031 sq.ft

Key Features

Mixed Use Investment For Sale Freehold
Prime High Street Retail Premises with Self Contained First Floor Flat
Ground Floor Retail Unit Generating £9,880 Per Annum Exclusive
Self Contained First Floor One Bedroom Flat Currently Vacant
Two Car Parking Spaces
Nearby Occupiers Include Costa, CO OP Travel & Poundstretcher

Property Details

A Grade Ii Listed Two Storey End Of Terrace Building With Retail Accommodation On The Ground Floor And A Generous Sized Self Contained Flat On The First Floor. The Ground Floor Retail Unit Measures Approximately 3.75m Wide X 9.50m Deep And Has A Storage Area To The Rear Measuring 4.00m Wide X 3.25m Deep. A Wc Is Also Provided. The First Floor Flat Is Accessed From The Rear Of The Property And Provides A Generous Sized Living Area, Bedroom, Kitchen And Shower/wc. Externally At The Rear Of The Property Is Two Car Parking Spaces. Location Maldon Is An Attractive Coastal Town Located Approximately 10 Miles To The East Of Chelmsford And 18 Miles South West Of Colchester With A Population Of Approximately 23,000. The Town Is Served By The A414 Which Provides Access To The A12 Dual Carriageway And The M25 Motorway. The Property Is Situated On The Southern Side Of The High Street In A Prime Position Next Door To Costa And Opposite Poundstretcher. There Is A Walk Way On The Left Hand Side Of The Property Known As "dolphins Cut" Which Leads To Friary Fields Pay And Display Car Park Which Is Situated Directly Behind The Property. Accommodation Ground Floor Retail 383 Sq Ft [35.62 Sq M] Store/wc 140 Sq Ft [13.08 Sq M] Total 523 Sq Ft [48.70 Sq M] First Floor Living Room 7.00m X 4.00m Bedroom 3.75m X 2.92m Kitchen 2.00m X 2.30m Shower/wc 2.75m X 1.35m Planning We Understand The Property Has A Longstanding A1 Use Which Now Falls Under Class E. Energy Performance Certificate [epc] We Have Been Advised The Unit Falls Within Band C (55) Of The Energy Performance Assessment Scale. A Full Copy Of The Epc Assessment And Recommendation Report Is Available Upon Request. Services We Understand The Property Is Connected To Mains Water, Drainage, Gas And Electricity. We Have Not Tested Any Of The Services And All Interested Parties Should Rely Upon Their Own Enquiries With The Relevant Utility Company In Connection With The Availability And Capacity Of All Of Those Serving The Property Including It And Telecommunication Links. Business Rates & Council Tax We Are Advised The Ground Floor Shop Has A Rateable Value, With Effect From The 1st April 2023 Of £12,250. The Estimated Rates Payable Is Approximately £6,611 (2024/25). We Understand The Shop May Be Eligible For Small Business Rates Relief. Interested Parties Are To Speak To The Local Authority For Further Information. We Understand The Flat Is Council Tax Band B. Local Authority Maldon District Council 01621 854477 Title The Property Is Held Freehold Under Title Ex823670. Terms The Property Is Available To Purchase On A Freehold Basis Subject To The Existing Lease Of The Ground Floor Retail Unit. Further Details Are Available Upon Request. Guide Price Our Client Is Seeking Offers In The Region Of £275,000. Vat We Understand Vat Is Not Applicable. Legal Costs Each Party To Bear Their Own Legal Costs Incurred In This Transaction. Viewings Strictly By Appointment Via Sole Selling Agents: Fenn Wright 20 Duke Street Chelmsford Essex Cm1 1hl Contact: James Wright E: Jw@fennwright.co.uk Fennwright.co.uk 01245 261226

About the Agent

Investment Unit

£275,000 Freehold

84 High Street, Maldon, CM9 5ET
Investment - Available
1,031 sq ft
96 sqm
Show phone number

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