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FREEHOLD MIXED USE INVESTMENT - SHOP & TWO FLATS - PRODUCING £40,200 P.A.
Address
See address
Auction date
11 Sep 2025
Guide price
£400,000
Type
Commercial
Tenure
Freehold
EPC Rating
C
Status
Upcoming
Description
This property comprises a shop with separate access to two self-contained flats above. It is part of a local parade near the junction with Heathway and Goresbrook Road, opposite Merrielands Retail Park. It generates an income of £40,200 per annum.
- Shop:417 sq ft (38.7 sq m) plus rear store, let on a licence for 5 years at £1,000 per calendar month from 01.07.2022.
- Flat 6A:1 bedroom, living room/kitchen, bathroom/toilet, rented under a 12-month AST from 01.03.2025 at £1,100 pcm.
- Flat 6B:1 bedroom, living room/kitchen, bathroom/toilet, rented under a 12-month AST from 01.02.2025 at £1,250 pcm.
The EPC ratings for both flats are D, with the shop rated C.
Last update: 03 Aug 2025
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