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7 The Pantiles

839 SF 100% Leased Retail Building Billericay CM12 0UA £195,000 (£232/SF) 9.23% Net Initial Yield

Shops & Retail Properties Essex Billericay 7 The Pantiles, Billericay, ESS CM12 0UA

Investment Highlights

  • Established Retail Parade
  • Heavy day time foot fall
  • Full of Natural Light

Executive Summary

The property comprises a single storey retail unit located on The Pantiles which is a retail complex serving a well populated residential
area in Billericay. Other occupiers include Boots (opposite corner) and the Co-Op. The complex benefits from a customer's car park with free parking for up to two hours.
These premises are trading as a florist and are hold on a FRI commercial lease expiring in May 2028.
Our client holds these premises on a head lease for a period of 99 years with effect from 24th June 1985. Ground rent details on request.

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Building Size
839 SF
Year Built
1960
Price
£195,000
Price Per SF
£232
Net Initial Yield
9.23%
NOI
£18,000
Percent Leased
100%
Number of Floors
1
Building FAR
0.08
Land Acres
0.23 AC
Frontage
88 ft on The Pantiles

Amenities

  • Bus Route
  • EPC - D
  • Storage Space

Links

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Nearby Major Retailers

Co-operative Food
PDQ
National Westminster Bank Plc
Pure Gym
Sainsbury's
Giggling Squid
Waitrose & Partners
Iceland
Costa Coffee
Santander
+44 1702 432255

  • Listing ID: 27739895

  • Date on Market: 13/02/2023

  • Last Updated:

  • Address: 7 The Pantiles, Billericay CM12 0UA

The Retail Property at 7 The Pantiles, Billericay, CM12 0UA is currently available For Sale. Contact Hair & Son LLP for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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7 The Pantiles
+44 1702 432255 x

7 The Pantiles

Hayden Harle

+44 1702 432255

+44 1702 432255

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