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35-35A High St 2,219 sq ft Retail Property Wickford SS12 9AE £525,000 (£236.59/sq ft)
Investment Highlights
- Ground Floor Restaurant Let on a 25 Year Lease
- Prominent High Street position
- Close to Public Car Park
- 3 Bedroom Flat Let on an AST
- Total Net Income of £40,800 pax
Executive Summary
The property comprises a single storey restaurant which has been fitted to a good standard by the current tenants, along with a fully self contained 3 bedroom flat. The investment is available to purchase; we are seeking offers in excess of £525,000. The restaurant is let by virtue of a 25 year lease which started on 22nd January 2008 at a
current rent of £30,000 pax. The flat is occupied on an AST with an expiry of September 2026 at a current rent of £10,800 pax. The property benefits from a current EPC rating of C59.
current rent of £30,000 pax. The flat is occupied on an AST with an expiry of September 2026 at a current rent of £10,800 pax. The property benefits from a current EPC rating of C59.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,219 sq ft
Costar Property Class
B
Year Built
1970
Price
£525,000
Price per sq ft
£236.59
Tenancy
Single
Number of Floors
2
Plot ratio
0.74
Total Plot Size
0.07 ac
Frontage
21 ft on High Street
Amenities
- Signage
Nearby Major Retailers
1 of 11
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35-35A High St
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