Commercial Investment with Redevelopment Potential Clacton CO16
This freehold property comprises a main office building arranged over three levels. There is a warehouse unit to the rear and buildings, offices and storage units flanking each side of the site. In the back right hand corner of the site there is one unit that is currently tenanted, and the buildings with vacant possession are in need of improvement. Currently part let under the terms of a monthly license, from 22nd February 1995, at a fee the equivalent of £1,040.04 per annum (£86.67 per calendar month), plus a contribution of £5 per week (£21.67 per calendar month), for services. The overall site area extends to 0.81 hectares (2.01 acres), and may offer potential for alternative uses/redevelopment.
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