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MIXED USE INVESTMENT: A FREEHOLD BUILDING CONTAINING GROUND FLOOR SHOP AND FIRST FLOOR FLAT PART LET OFFERING A POTENTIAL INCOME OF £14,700 PA

16 & 16A High Street, Walton on the Naze, Essex, CO14 8BH

Land
About this Property
2023-02-22
Modern
Land
Description

A ground floor shop that is currently rented for £6,000 per annum and a first floor 2 bedroom apartment that is currently vacant. The property is located in the centre of the seaside village of Walton-on-the-Naze. It is considered that the apartment could let for a figure in the region of £725 per month which would bring the total income to £14,700 per annum. A yield of just under 9% of the guide price. We understand that the flat benefits from Gas Central Heating.

Location
More Information
Freehold
High Street
A FREEHOLD BUILDING CONTAINING GROUND FLOOR SHOP AND FIRST FLOOR FLAT PART LET OFFERING A POTENTIAL INCOME OF £14,700 PA
Planing Authority
Tendring LPA

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