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No longer on the market

This property is no longer on the market

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Outside front elevation

Property

Chain-free
Property
6 beds
0 sq ft / 0 sq m
Added > 14 days

Features and description

  • Freehold
  • Ground Floor Lock Up Shop
  • 6 Bed HMO to First & Second Floors
  • Potential Return of £40,000 PA
  • 2,885 Sq Ft
  • EPC D (commercial) EPC E (Uppers)
  • Car Park to Rear
  • Town Centre
A Freehold mixed-use property located on a prime stretch of Station Road in Clacton Town Centre. The ground floor is currently vacant with an expected annual rent of £12,000. First and second floors comprise a 6 bedroom licensed HMO currently let to students at £28,000 PA inclusive of bills. There is a large car park to the rear accessed via Colne Road.

Ground Floor Lock Up Shop - Approx. 970 Sq Ft - Formerly a butchers and currently vacant. The shop is currently advertised for rent at £12,000 PA.

First & Second Floors - Approximately 1.916 Sq Ft - Arranged as a split level 6 bedroom HMO. Currently let to students at £28,000 PA inclusive of bills on a 12 month agreement. Permission for use as a HMO was won at appeal under reference 21/01850/FUL.

Car Park -

Business Rates - Ground Floor - The ground floor appears on the VOA Ratings List as 'Shop & Premises' with a Rateable Value of £9,700 giving approximate annual rates payable of £4,753. Subject to meeting eligibility criteria, ingoing tenants may qualify for 100% Small Business Rate Relief.

Additional Info - Council Tax Band: A
Heating: Gas central heating
Services: Mains gas, electricity, water & sewer
Broadband: Superfast (up to 80mbps)
Mobile Coverage: O2 - Likely / EE, Three, Vodafone - Limited
Construction: Solid brick
Restrictions: None
Rights & Easements: Right of way over car park to access rear of 20-22
Flood Risk: Surface water - Medium / Rivers & Sea - Very Low
Additional Charges: None
Seller’s Position: No Onward Chain
Non-Standard Property Features: Flying Freehold

Agents Note Sales - PLEASE NOTE - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.

Property information from this agent

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Area statistics

Crime score
High crime
10/10

About this agent

Lamb & Co - Commercial
Lamb & Co - Commercial
Unit 2, Crusader Business Park, Stephenson Road West Clacton-on-Sea, Essex CO15 4TN
01255 481355
Full profileProperty listings
Our flock of local sales, lettings and land & new homes experts are led by managing director, Callum Lamb who has over 15 years’ experience in the property industry. Callum's expertise and innovation has enabled us to collaboratively pioneer a customer-first premium brand that has become a market leader across the Tendring district. With ambition and heart, we strive to continuously transform our service so we can offer our community the BEST. From consistent and honest communication — to strategic print and digital marketing that widens our reach to a global audience — we're here to excel at providing you with the positive moving experience you deserve. And whilst we have you, we thought we'd mention that as a flock of local people, we're also proud of the Tendring community and love to support and enrich it whenever we can. Just head to our Instagram to see how we collaborate with local charities and businesses.
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