For Sale

Old Road, Clacton on Sea

Old Road, Clacton on Sea, Clacton on Sea, Essex, CO15 1HW
£750,000

Property Type

Flat/Apartment

Bedrooms

13

Bathroooms

13

Description

Property Summary

A unique opportunity to acquire this mixed use building generating an annual rental income in excess of £70,000 per annum. In the valuers opinion this property is an ideal investment which could allow for a significant uplift in value subject to improvement works being carried out across the building.

The property is fully let and comprises 4x commercial units and 8x residential apartments plus the freehold title. All tenancies are managed through Stoneridge Estates therefore further information regarding the day to day running of this site will be available, alongside an ongoing management service for ease.

DRAFT DETAILS, FURTHER INFORMATION AND PHOTOS TO FOLLOW

Full Details

AGENTS NOTE
For further information or to arrange a viewing please contact a member of our sales team on 01255 43 58 58.

Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. We can also not confirm that such items are within the ownership of the seller. They may however be available by separate negotiation. Floorplans are for guidance purposes only and therefore not to scale. The agent has assumed relevant planning permissions are in place for any alterations the property has undergone and it is the responsibility of the seller to confirm this via their solicitor.

Money Laundering Regulations 2003 - Any prospective purchasers' will be asked to produce photographic identification and proof of residential documentation once entering into negotiations for a property in order for us to comply with current Legislation.

Address

Address

Old Road, Clacton on Sea, Clacton on Sea, Essex, CO15 1HW

Town / City

Clacton on Sea

County

Essex

Postcode

CO15 1HW

Floorplan

Features

Details

  • Ref: 080222
  • Type: Flat/Apartment
  • Availability: For Sale
  • Bedrooms: 13
  • Bathrooms: 13
  • Reception Rooms: 8
  • Tenure: Leasehold

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