Freehold Mixed Use Property for Auction Essex CO15 £125,000+

Guide Price: £125,000
Auction Date: 07/12/2023

A freehold building that includes a vacant lock up shop formally used as a fast food takeaway, a flat above that is sold on a long lease and a studio flat at the rear that is accessed independently from the shop which could be let separately or indeed be used by the occupiers of the shop. It is considered that the property could be let on a single lease for around £16,500 per annum. A yield of 13.2% of the guide price.

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