108 Old Road, Clacton-on-Sea, Essex, CO15 3AA
- PROPERTY TYPE
Mixed Use
- BEDROOMS
3
- BATHROOMS
3
- SIZE
Ask agent
Description
Lot Number 15
108 Old Road
Clacton-on-Sea
Essex
CO153AA
Guide Price:
£150,000 - £175,000
Sold for £217,000
Located in Clacton-on-Sea, this freehold mixed-use property presents a prime investment opportunity. It features a leased retail shop at the front and three one-bedroom flats, with one flat conveniently situated on the ground floor behind the shop and the other two located upstairs. All three flats are vacant, but once fully occupied, the property is expected to yield well due to its prominent position. The property benefits from rear access, which serves the two rears flats, enhancing privacy and ease of entry for tenants. Its strategic location and versatile layout make it highly appealing for investors aiming to capitalise on the area's robust rental market. This is a great opportunity to own a property with potential for strong returns in a sought-after area.
Tenure: Freehold
EPC: C, D, F
Tenancy: Shop - 10 year Lease holding over
Current Yield: Shop - £800 pcm / £9,600 pa
Flat 1 - vacant
Flat 2 - vacant
Flat 3 - vacant
CLACTON-ON-SEA
MIXED-USE PROPERTY
RETAIL SHOP & 3 FLATS
HIGH RENTAL DEMAND
HIGH STREET POSITION
REAR ACCESS
VERSATILE LAYOUT
STRONG RETURNS
Open viewings have been arranged for:
By appointment with the Auctioneer
Vendors Solicitors
Mr Mehmet Duzgun
Kerseys Solicitors
32 Lloyds Avenue
Ipswich
IP1 3HD
Brochures
Full CatalogueViewing TimesCommon Auction ConditionsBuyers Guide to AuctionLegal Documents108 Old Road, Clacton-on-Sea, Essex, CO15 3AA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Clacton Station0.2 miles
- Thorpe-le-Soken Station3.8 miles
- Kirby Cross Station4.3 miles
About the agent
Goldings, Ipswich
9 St. Helens Street, Ipswich, IP4 1HE
For over a decade we’ve been prominent in property sales, general and property auctions under the established and respected name of suffolks.co.uk and it’s from the success of the core business that goldings Property auctioneers and consultants has evolved.
We are now proud to offer a unique service as the only specialist property auctioneers in Ipswich, serving the town and counties of Suffolk, Norfolk, Essex, Cambridgeshire and look forward to acting on behalf of our existing and many
Industry affiliations
Notes
Disclaimer - Property reference 245534. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Goldings, Ipswich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Goldings, Ipswich on 01473 210200.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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