Agent details
This property is listed with:
cmRENT & SALES Letting & Estate Agents Chelmsford
23 Duke Street, , Chlemsford, , Essex
- Telephone:
- 01245 283 283
Full Details for 5 Bedroom Detached for sale in Grays, RM16 :
*** NO ONWARD CHAIN *** CmRENT & SALES are delighted to offer for sale this FREEHOLD COMMERCIAL PROPERTY. The freehold investment comprises of Three bed-sits, a Two bedroom flat, One bedroom flat & a commercial shop. This is a fantastic opportunity that could create a great investment income currently achieving an income between £50,000 - £60,000 per annum.
Bedsit No1 | 13\‘9\" x 13\‘ (4.2m x 3.96m). Total yearly rent that currently achieving - £6,240.00 pa (£120.00 p/w) Bedist includes own kitchen area, access to shared bathroom with shower and use of the communal garden area |
Bedsit No2 | 12\‘3\" x 9\‘10\" (3.73m x 3m). Total yearly rent that currently achieving - £4,940.00 pa (£95.00 p/w) Bedist includes own kitchen area, access to shared bathroom with shower and use of the communal garden area |
Bedsit No3 | 11\‘9\" X 10\‘11\" (3.58m X 3.33m). Total yearly rent that currently achieving- £4,940.00 pa (£95.00 p/w) Bedist includes own kitchen area, access to shared bathroom with shower and use of the communal garden area |
1 Bedroom Flat | Total yearly rent that currently achieving- £7,080.00 pa (£590.00 p/m) Bedroom 4.67m (15`4\") x 1.93m (6`4\") Lounge3.33m(10`11\") x 2.62m (10`11\") Kitchen 3.38m (11`1\") x 2.62m (8`7\") Shower room 1.68m( 5`6\") z 89m (2`11\") Separate W.C. and wash basin & access to Communal Garden |
2 Bedroom Flat | This Property is accessed via its own private front door and is located above the resturant also offering loft access. Total yearly rent that currently achieving- £8,280.00 pa (£690.00 p/m) |
Akhash Indian Restaurant | 7 years remaining on lease - Total yearly rent that currently achieving- £24,000.00 pa |
Loft Space | The loft space above both can be converted into further accommodation Subject to planning creating additional rental income of approximately - £10,000 - £15,000 per annum. |
Total annual rent for property | £55,480.00 |
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Stations Nearby
- Tilbury Town
- 1.5 miles
- Grays
- 2.1 miles
- East Tilbury
- 1.9 miles
Schools Nearby
- West Kent Health Needs Education Service
- 4.3 miles
- Ifield School
- 4.5 miles
- Treetops School
- 1.6 miles
- Herringham Primary Academy
- 0.2 miles
- Chadwell St Mary Primary School
- 0.1 miles
- The Gateway Primary Free School
- 0.4 miles
- Palmer's College
- 0.6 miles
- The Gateway Academy
- 0.6 miles
- Grays Convent High School
- 1.7 miles