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Station Road, Upminster
£2,250,000
 
 
     
    A rare opportunity to acquire two shops with three maisonettes above located in a prominent position in Upminster, Essex.
    The three maisonettes are two storey, offer three bedrooms and are all let at £16,800 pa each.
    The smaller shop is currently producing £27242 pa and the larger one is vacant but has an estimated rent of £70,000 pa. The latter would be an ideal restaurant/bar or could be divided into two (subject to planning approval).
    The property occupies a prominent position at the junction of St Mary's Lane and Station Lane with Upminster Station only a few minutes walk away which has both a District Line and C2C service to London.
    The A12, A127 and M25 are all within seven miles radius and current near neighbours include Pizza Express, Aldi and Roomes Stores.
    Viewing is strictly by appointment so call Julian in our commercial department for an accompanied viewing.


    Tenure: Freehold
    Reference: CS0049
    A rare opportunity to acquire THREE MAISONETTES and TWO SHOPS located in a prominent position in UPMINSTER, ESSEX.
    The larger shop would be ideal as a RESTAURANT or could be divided (STPP). Currently producing 77642 pa with an ERV circa 147,000 pa, call our commercial department to view.

    Features

    • FANTASTIC INVESTMENT OPPORTUNITY
    • THREE, THREE BEDROOM MAISONETTES
    • TWO GROUND FLOOR COMMERCIAL UNITS
    • POSSIBILITY TO DIVIDE ONE SHOP (STPP)
    • SUIT RESTAURANT OR BAR (OTHER BUSINESSES CONSIDERED)
    • CURRENTLY PRODUCING £77642PA
    • ERV APPROX. £147,000

    Arrange a Viewing

    To arrange a viewing for this property, please call us on 01708 922 383, or complete the form below and we will be in contact:

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    77,81

    Disclaimer

    These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers/tenants must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers/tenants arrange for a qualified person to check all appliances/services before legal commitment.

     

    We refer sellers to Palmers Solicitors, Lifetime Legal Ltd, Premier Property Lawyers and MyHomeMove Ltd. It is your decision whether you choose to deal with any of these companies. Should you decide to use an of the companies listed you should know that we would receive a referral fee from them of between £100 and £300 per transaction for recommending you to them.

     

    We routinely refer all potential purchasers and vendors to Integra Finance Limited. It is your decision whether you choose to deal with Integra Finance Limited. In making that decision, you should know that we receive benefits from them worth between £10 and £1000 per transaction.