128 High Street & 2-10 The Walk, Billericay, Essex, CM12
£313.97 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
6,370 sq ft
592 sq m
- SECTOR
Retail property shopping centre for sale
- USE CLASSUse class orders: Class E
E
Key features
- Asset management opportunity
- VAT is applicable to this property
- Retail Reversion ERV: £180,000 p.a. GIY: 8.44%
- Total existing area: 590 sq m (6,370 sq ft)
Description
Gross Initial Yield: 8.00%
Rental Income: £160,100 p.a.
Asset management opportunity
Retail Reversion ERV: £180,000 p.a. GIY: 9.00%
VAT is applicable to this property
Comprises retail parade of 10 shops and self-contained office accommodation (No.128A) which has been sold-off
Total existing area: 590 sq m (6,370 sq ft)
100% Retail Occupancy. Two of the tenants have been in occupation since 1984/85
Nearby occupiers include Waitrose, Greggs, Poundland, Iceland Foods, KFC and many more.
Property Description:
No.128 High Street: Gift Shop
Ground Floor: 126 sq m (1,358 sq ft)
Open plan retail, Storage, Kitchenette
Unit 2 The Walk: Chiropodist
Ground Floor: 31 sq m (334 sq ft)
Open plan retail, Storage, Kitchenette
Unit 3 The Walk: Cafe
Ground Floor: 40 sq m (431 sq ft)
Open plan retail, Storage, Kitchen
Unit 4 The Walk: Nail Bar
Ground Floor: 100 sq m (1,078 sq ft)
Open plan retail, Storage, Kitchenette
Unit 5 The Walk: Retail
Ground Floor: 51 sq m (550 sq ft)
Open plan retail, Storage, Kitchenette
Unit 6 The Walk: Clothing Shop
Ground Floor: 51 sq m (550 sq ft)
Open plan retail, Storage, Kitchenette
Unit 7 The Walk: Hair Salon
Ground Floor: 44 sq m (474 sq ft)
Open plan retail, Storage, Kitchenette
Unit 8 The Walk: Organic Food Supplements
Ground Floor: 45 sq m (485 sq ft)
Open plan retail, Storage, Kitchenette
Unit 9 The Walk: Bubble Tea Shop
Ground Floor: 45 sq m (485 sq ft)
Open plan retail, Storage, Kitchenette
Unit 10 The Walk: Mobile Phone Shop
Ground Floor: 58 sq m (625 sq ft)
Open plan retail, Storage, Kitchenette
Location:
Billericay is situated in the South East Essex Area approximately 35 miles east of central London and 10 miles distant of the M25 and national motorway network accessed via the A127 Arterial Road which provides direct links to the A12. Billericay has a main line railway station providing services to the City. The property is located in the heart of Billericay and forms part of the popular 'The Walk' shopping parade, situated at the south end of Billericay High Street. The Walk provides a number of local retailers benefiting from good footfall due to its role as a thoroughfare to the Waitrose car park. Occupiers nearby including Waitrose, Greggs, Poundland, Iceland Foods, KFC and many more
Brochures
128 High Street & 2-10 The Walk, Billericay, Essex, CM12
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Billericay Station0.4 miles
- Ingatestone Station3.3 miles
- Shenfield Station3.8 miles
About Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
Notes
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