195 High Street, Maldon

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Commercial - Essex

01245 261226 195, 195A, 195B, 195C & 195D High Street, Maldon, Essex, CM9 5BU

*Coming Soon* Recently Converted Mixed Use Investment Opportunity For Sale Freehold A5 Take Away with 2 x 1 Bed Flats & 2 x 2 Bed Flats *Business Unaffected*

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Unique Opportunity to Acquire Recently Converted / Refurbished Accommoda*on A5 Take Away Premises Genera*ng £500 PCM 2 x 1 Bed Flats Currently Let at £750 PCM Each 2 x 2 Bed Flats Nearing Comple*on ERV - £43,200 Per Annum Guide Price - Offers in Excess of £600,000

Most ac*ve agency in Suffolk and North Essex Estates Gaze=e (February 2014)

Details Loca,on

Residen*al, 195D High Street Maldon

Maldon is an a=rac*ve town with a resident popula*on of some 14,000 located approximately 10 miles to the east of Chelmsford and 18 miles south west of Colchester. The town is served by the A414 which provides access to the A12 dual carriageway some 8 miles to the west.

Living Room / Kitchen Bedroom 1 Bedroom 2 Bathroom

The property is situated on the northern side of the High Street at the bo=om end of Maldon High Street. This sec*on of High Street is home to a number of food operators and public houses. Maldon’s popular Hythe Quay is less than 200 meters from the property.

Tenancy Schedule

5.00 m x 3.62 m 4.40 m x 2.85 m 3.82 m x 2.10 m 2.20 m x 1.63 m

Please refer to the tenancy schedule on page three of these par*culars.

Guide Price Offers in excess of £600,000.

Descrip,on A semi detached property fron*ng Maldon High Street which is currently occupied by an Indian take away on the ground floor with residen*al accommoda*on above and to the rear. 195A is situated above the take away and is completely self contained. The property is accessed via its own front door from the High Street. The remaining residen*al accommoda*on which is in the process of being completed is accessed from the rear via North Street. The residen*al units are finished to a good standard with new double glazed windows, electric heaters, kitchen and bathrooms.

VAT VAT will not payable on the purchase price.

Par,culars Prepared August 2017.

Viewing Strictly by prior appointment with the sole agents: Fenn Wright 20 Duke Street, Chelmsford, CM1 1HL

01245 261 226

Accommoda,on Indian Take Away, 195 High Street, Maldon 27.90 Sq. M

(300 Sq. Ft)

Residen*al, 195A High Street Maldon Living Room / Kitchen Bedroom Shower Room WC

fennwright.co.uk Contact James Wright [email protected]

4.00 m x 3.33 m 4.04 m x 3.76 m Not Measured Not Measured

Residen*al, 195B High Street Maldon Living Room Bedroom 1 En Suite WC

8.50 m x 3.86 m 3.63 m x 3.54 m 1.43 m x 1.53 m 2.45 m x 0.90 m

Residen*al, 195C High Street Maldon Living Room / Kitchen Bedroom 1 Bedroom 2 Bathroom

6.67 m x 3.68 m 3.65 m x 1.92 m 3.50 m x 3.50 m 3.44 m x 1.62 m

Par*culars for 195, 195A, 195B, 195C & 195D High Street, Maldon, Essex, CM9 5BU

Address

Use

Lease Terms

195 High Street, Maldon

A5 Retail (Indian Take Away)

Tenant: Mr Ahmed Term: 3 Years from 3rd October 2016 Rent: £500 pcm Break Clause: None Rent Reviews: None

195A High Street, Maldon

1 Bed Apartment

Tenant: Mr Quinn Term: 12 Month AST from 21st December 2016 Rent: £750 pcm

195B High Street, Maldon

1 Bed Apartment

Tenant: To be confirmed Term: 12 Month AST from 1st July 2017. Rent: £750 pcm

195C High Street, Maldon

2 Bed Apartment

*Awai*ng Comple*on* Es*mated Rental Value: £800 pcm

195D High Street, Maldon

2 Bed Apartment

*Awai*ng Comple*on* Es*mated Rental Value: £800 pcm Total Income - £24,000 per annum Es,mated Rental Value - £43,200 per annum

Par*culars for 195, 195A, 195B, 195C & 195D High Street, Maldon, Essex, CM9 5BU

Ground Floor - Front - 195 & 195A High Street, Maldon

Ground Floor - Rear - 195C & 195 D High Street, Maldon

First Floor - Rear - 195B

Par*culars for 195, 195A, 195B, 195C & 195D High Street, Maldon, Essex, CM9 5BU

For further informa,on

01245 261226 fennwright.co.uk Fenn Wright for themselves and for the vendors or lessors of this property whose agents they are give no*ce that: i. The par*culars are set out as a general outline for the guidance of intending purchasers or lessees; do not cons*tute, nor cons*tute part of, an offer or contract.

and

ii. All descrip*ons, dimensions, references to condi*on and necessary permissions for use and occupa*on, and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representa*ons of fact but must sa*sfy themselves by inspec*on or otherwise as to the correctness of each of them. iii. The vendor or lessor does not make or give, and neither Fenn Wright nor any person in their employment has the authority to make or give, any representa*on or warranty whatsoever in rela*on to this property. iv. All statements contained in these par*culars as to this property are made without responsibility on part of Fenn Wright or the vendor/lessor.

the

v. All quo*ng terms may be subject to VAT at the prevailing rate from *me to *me. vi. Fenn Wright have not tested any electrical items, appliances, any plumbing or hea*ng systems and therefore, cannot give any warranty or undertaking as regards their opera*on or efficiency.

Par*culars for 195, 195A, 195B, 195C & 195D High Street, Maldon, Essex, CM9 5BU

Fenn Wright have Essex and Suffolk covered