Commercial property for sale in Sun Street, Waltham Abbey, Essex EN9

Commercial property for sale
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Property features

  • Mixed Use
  • Asset Management Investment
  • Long Term Commercial Tenants
  • Planning Permission For New One Bedroom Flat
  • Excellent Location
  • Affluent Area

Property description

An exciting opportunity to purchase an excellent asset management investment, situated on a busy "high street" in the affluent market town of Waltham Abbey.

There are three commercial properties, currently used as a hairdressers, a beautician and an office. There are two, two bedroom apartments. In addition, there is planning permission to build a further one bedroom apartment.

Breakdown of Current Rents:

Shop A - £8,000
Shop B - £7,100
Shop C - £7,500

Flat D - £750 pm
Flat E - £875 pm
Flat F - £725 pm
Flat G - £850 pm

Our knowledge of the local market shows that all the elements are under let, and in our opinion the correct rental values should be:

Shop A - £10,000
Shop B - £9500
Shop C - £8500 - £9000

Flat D - £900 - £950 pm
Flat E - £1000 - £1100 pm
Flat F - £900 - £950 pm
Flat G - £1000 - 1100 pm

Property info

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For more information about this property, please contact
Duncan Phillips Management Limited, E18 on +44 1992 843818 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Duncan Phillips Management Limited, and do not constitute property particulars. Please contact Duncan Phillips Management Limited for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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