Book a Viewing
To book a viewing for this property, please call Nest in Essex, on 01268 500988.
To book a viewing for this property, please call Nest in Essex, on 01268 500988.
2 Bedroom Flat, London Road, Rayleigh, SS6
London Road, Rayleigh, SS6
Nest in Essex
Lubards Lodge, Hullbridge Road, Hullbridge Road
Description
Welcome to this exceptional mixed-use property that offers a lucrative investment opportunity in the heart of Rayleigh. This versatile property boasts a well-established commercial unit currently hosting a thriving shop under a 4+ year commercial lease, generating an annual income of £11,000. Additionally, the property features a spacious 2-bedroom flat with the potential for an additional rental income of £10,800 per annum.
Situated in a prime location within a popular parade of shops in Rayleigh, residents will enjoy the convenience of being a stone's throw away from the bustling new Wolsley Park development and London Road. With the added advantage of being within walking distance to Rayleigh Station, commuting is a breeze, making this property a desirable choice for both investors and homeowners alike.
Sold with the entire freehold, this property presents a rare opportunity to secure a lucrative investment with multiple income streams in a vibrant and sought-after community. Don't miss out on the chance to own a piece of Rayleigh's thriving commercial landscape.
Lock up Shop Unit (109 London Road)
Ground Floor - front trading/sales area with serving counters, central storage/service area with walk-in
cold room, separate service/kitchen area, rear preparation/storage room with back door, rear lobby providing access to three walk-in freezers/chiller cabinets (none inspected as inaccessible to our
valuer).
Separate outside WC.
The ground floor accommodation
(including the outside WC) a gross internal floor area of approximately 973 square feet / 90.37 square metres and with an estimated ITZA area of approximately 503 square feet / 46.73 square
metres.
EPC Rating: C
Key Features
- 4+ year commerical lease for shop currently running providing £11000 a year
- Potential rental for the 2 bedroom flat £10800 P/A
- 2 Bedroom flat
- Large shop that has been an established commercial unit for years
- Well used parade of shops in Rayleigh, close to the large new build development on Wolsley Park and London Road.
- Within walking distance to Rayleigh Station
- Freehold to be sold with the purchase of the shop
- In amongst a busy parade of shops
Property Details
- Property type: Flat
- Price Per Sq Foot: £364
- Approx Sq Feet: 1,100 sqft
- Plot Sq Feet: 1,905 sqft
- Property Age Bracket: 1960 - 1970
- Council Tax Band: B
- Tenure: Leasehold
- Lease Expiry: 25/03/2104
- Ground Rent: £0.00 per year
- Service Charge: Not Specified
Rooms
Floorplans
Parking Spaces
On street
Capacity: N/A
Location
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