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195 Hamlet Court Rd
Westcliff On Sea SS0 7EL

Retail Property For Sale

Investment Highlights

  • Prominently located lock-up shop
  • Currently let to a mobile phone repair shop
  • A terraced retail shop with self-contained residential above

Executive Summary

Substantial 4-storey property. Shop/garage let at £10,500 pa. Maisonette let at £1,100 pcm. Total income £23,700 pa. Good location and backing onto the Ceylon Road car park. The maisonette was recently refurbished at a cost of over £22,000 and has a new kitchen, bathroom and central heating system.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,200 SF
Building Class
B
Year Built
1910
Price
£450,000
Price Per SF
£205
Net Initial Yield
5.27%
NOI
£23,700
Tenancy
Single
Number of Floors
4
Building FAR
1.51
Lot Size
0.03 AC
Frontage
15 ft on Hamlet Court Road

Amenities

  • 24 Hour Access
  • Signage
  • Listing ID: 24399937

  • Date on Market: 01/11/2021

  • Last Updated:

  • Address: 195 Hamlet Court Rd, Westcliff On Sea SS0 7EL

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