195 High Street, Maldon.pub

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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 Accommodation A5 Take Away Premises Generating £500 PCM 2 x 1 Bed Flats Currently Let at £750 PCM Each 2 x 2 Bed Flats Nearing Completion ERV - £43,200 Per Annum Guide Price - £625,000

Most active agency in Suffolk and North Essex Estates Gazette (February 2014)

Details Location Maldon is an attractive town with a resident population 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. The property is situated on the northern side of the High Street at the bottom end of Maldon High Street. This section 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.

Residential, 195D High Street Maldon Living Room / Kitchen Bedroom 1 Bedroom 2 Bathroom

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

Tenancy Schedule Please refer to the tenancy schedule on page three of these particulars. Guide Price

Description

Offers in the region of £625,000.

A semi detached property fronting Maldon High Street which is currently occupied by an Indian take away on the ground floor with residential accommodation above and to the rear.

VAT

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.

Particulars

The remaining residential accommodation which is in the process of being completed is accessed from the rear via North Street. The residential units are finished to a good standard with new double glazed windows, electric heaters, kitchen and bathrooms.

VAT will not payable on the purchase price.

Prepared June 2017. Viewing Strictly by prior appointment with the sole agents: Fenn Wright 20 Duke Street, Chelmsford, CM1 1HL

Accommodation Indian Take Away, 195 High Street, Maldon

01245 261 226

27.90 Sq. M

fennwright.co.uk

(300 Sq. Ft)

Residential, 195A High Street Maldon

Contact James Wright

Living Room / Kitchen Bedroom Shower Room WC

[email protected] 

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

Residential, 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

Residential, 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

Particulars 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

*Awaiting Completion* Estimated Rental Value: £800 pcm

195D High Street, Maldon

2 Bed Apartment

*Awaiting Completion* Estimated Rental Value: £800 pcm Total Income - £24,000 per annum Estimated Rental Value - £43,200 per annum

Particulars 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 

Particulars for 195, 195A, 195B, 195C & 195D High Street, Maldon, Essex, CM9 5BU 

For further information

01245 261226 fennwright.co.uk

Fenn Wright for themselves and for the vendors or lessors of this property whose agents they are give notice that: i.

The particulars are set out as a general outline for the guidance of intending purchasers or lessees; and do not constitute, nor constitute part of, an offer or contract.

ii. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, 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 representations of fact but must satisfy themselves by inspection 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 representation or warranty whatsoever in relation to this property. iv. All statements contained in these particulars as to this property are made without responsibility on the part of Fenn Wright or the vendor/lessor. v. All quoting terms may be subject to VAT at the prevailing rate from time to time. vi. Fenn Wright have not tested any electrical items, appliances, any plumbing or heating systems and therefore, cannot give any warranty or undertaking as regards their operation or efficiency.

Particulars for 195, 195A, 195B, 195C & 195D High Street, Maldon, Essex, CM9 5BU 

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