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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 No113\‘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 No212\‘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 No311\‘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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House Prices for houses sold in RM16 4JD

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