Property Information
Address:
63/65, High Street, Brentwood, Essex
, CM14 4RH
, Essex
, United Kingdom
Price: Buy: POA
Size: 2957 sq ft275 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH691033
Property Ref/Agent: 8905719
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: June 2, 2024
Property description
Freehold investment opportunity producing £70,000 per annum, comprising two shops and a vacant first floor with self contained access. Plans for a conversion to a one bedroom flat have been created, but no planning has been sought. The ground floor shops have been let on the following terms:
63 High Street
Ecycle UK Ltd
Term: 10 Years
Start Date: 18/08/2021
Rent: £55,000
Break Option: 24/08/2026
Review Date: 24/08/2026
65 High Street
Timpson Ltd
Term: 10 Years
Start Date: 11/02/2019
Rent: £15,000
Break Option: 10/02/2024
Review Date: 11/02/2024
Both Shops Let On 10 Year Leases
Let To Timpsons & ECycleUK
Brentwood High Street
Freehold
Development Potential on Upper Parts
Independent Access Via Rear
Ideal SIPP Investment
63 High Street - the property has an EPC rating of C.
65 High Street - the property has an EPC rating of C.
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