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63/65, High Street, Brentwood, Essex, CM14

£965,000

£326.34 per sq ft

Business rates & charges may apply

Kemsley LLP, Basildon
SIZE AVAILABLE

2,957 sq ft

275 sq m

SECTOR

Shop for sale

Key features

  • Both Shops Let On 10 Year Leases
  • Let To Timpsons & ECycleUK
  • Brentwood High Street
  • Freehold
  • Development Potential on Upper Parts
  • Independent Access Via Rear
  • Ideal SIPP Investment
  • 63 High Street - the property has an EPC rating of C. 65 High Street - the property has an EPC rating of C.

Description

Freehold investment opportunity producing £70,000 per annum, comprising two shops and a vacant first floor with self contained access. Plans for a conversion to a one bedroom flat have been created, but no planning has been sought. The ground floor shops have been let on the following terms:

63 High Street
Ecycle UK Ltd
Term: 10 Years
Start Date: 18/08/2021
Rent: £55,000
Break Option: 24/08/2026
Review Date: 24/08/2026

65 High Street
Timpson Ltd
Term: 10 Years
Start Date: 11/02/2019
Rent: £15,000
Break Option: 10/02/2024
Review Date: 11/02/2024

Brochures

63/65, High Street, Brentwood, Essex, CM14

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brentwood Station0.5 miles
  • Shenfield Station1.3 miles
  • Harold Wood Station3.5 miles

Notes

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Disclaimer - Property reference 8905719FH. 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 Kemsley LLP, Basildon. 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.

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