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162-164 High St 1,480 sq ft Retail Unit Offered at £450,000 in Maldon CM9 5BX
INVESTMENT HIGHLIGHTS
- Prominent High Street Location
- Connectivity to A130 & A12
- Neighbours Include Cafes, Restaurants, and Convenience Stores
EXECUTIVE SUMMARY
Located on Maldon's High Street and comprising an elegant ground floor 42 cover Restaurant in approx. 680 sq.ft. overall together with a self-contained 2 bedroom flat over two floors above. Maldon district covers the Dengie peninsula & has a population of some 66,200 with the majority of residents living in surrounding villages. The area is synonymous for its association with sailing, and is adjacent to the Rivers Chelmer and Blackwater. Full of ancient buildings, churches, shops & Public Houses, with 21st century brand names now occupying the High Street including Costa Coffee.
PROPERTY FACTS
| Total Property Size | 2,855 sq ft | Floors | 2 |
| Property Type | Retail (Unit) | Typical Floor Size | 1,428 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1500 |
| Costar Property Class | B | Total Plot Size | 0.06 ac |
| Total Property Size | 2,855 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 1,428 sq ft |
| Year Built | 1500 |
| Total Plot Size | 0.06 ac |
AMENITIES
- Bus Route
- Signage
1 UNIT AVAILABLE
Unit 162-164
| Unit Size | 1,480 sq ft | Unit Use | Retail |
| Price | £450,000 | Sale Type | Investment or Owner Occupier |
| Price Per sq ft | £304.05 | Tenure | Freehold |
| Unit Size | 1,480 sq ft |
| Price | £450,000 |
| Price Per sq ft | £304.05 |
| Unit Use | Retail |
| Sale Type | Investment or Owner Occupier |
| Tenure | Freehold |
DESCRIPTION
Ground Floor in a total of approx. 680 sq.ft. including a commercial kitchen & ladies & gents WC's.
First Floor features: Kitchen, lounge, bedroom, bathroom/WC. Second Floor: Bedroom, loft room/store & secondary kitchen.
SALE NOTES
A delightful Grade II listed building in the High Street of this Historic Town.
The asking price includes a full complement of trade fixtures, fittings and equipment.
It is believed the retail parts could be let & produce a rental income of approx. £37,000pa representing a 7.5% yield.
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NEARBY MAJOR RETAILERS
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162-164 High St
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