39 & 39a KINGS ROAD, BRENTWOOD, ESSEX, CM14 4DJ

FOR SALE FREEHOLD - MIXED USE INVESTMENT OPPORTUNITY

Size :

 1,040 sq.ft ( 96.62 m2  )

Location

The Property is located on the western side of Kings Road within 200 yards of its junction with Brentwood High Street and lies within a parade of secondary shops on the fringe of the main Town Centre. Many of the units have been split to create first and lower ground floor residential accommodation, leaving only the ground floor for commercial use. The uses include further beauty salons, hairdressers, restaurants, hot food take-aways and offices.

Brentwood Station is with 5 minutes' walk of the property and they A12 and M25 (J28) within 10 minutes' drive.

Accommodation

The property is situated over ground, lower ground and first floors. The ground floor and lower ground floors are occupied by the tenant currently used as a beauty salon.

The first floor flat is arranged to provide a bedroom, reception room, kitchen and bathroom.

Ground Floor (Net internal)355 sq.ft ( 32.98 m2  )
Lower Ground Floor ( Net internal)339 sq.ft ( 31.49 m2  )
First Floor (Gross internal)424 sq.ft ( 39.39 m2  )

Terms

The ground floor is currently let on an 7 year term from May 2022 subject to rent reviews in 2024 and 2027 at an annual rental of £12,500. The first floor flat is let on an Assured Shorthold Tenancy at a rental of £650 per month. The combined annual rental income is £20,300.

The property is to be sold freehold subject to the above tenancies. Price - Upon application


Rates

Ground Floor Rateable Value£10,500
First Floor Council Tax BandB

Legal Costs

Each party to bear their own legal costs.

VAT

Value added tax is not applicable to the sale price.

Energy Performance Asset Rating

EPC Awaited

A+
A
0-25
B
26-50
C
51-75
D
76-100
E
101-125
F
126-150
G
Over 150

 

Viewing & Further Information

Contact sole selling agents Mass & Co;

Mark Mannering - mark.mannering@massandco.com

Please note that viewings are strictly by appointment only.

Mass & Co Ltd for themselves and also as Agents for the seller(s)/lessee(s) of this property give notice that:

  1. the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of the contract.
  2. no person in the employment of Mass & Co Ltd has any authority to make or give representation or warranty whatever in relation to this property.
  3. applicants who make offers which are subsequently accepted by the seller(s)/lessee(s) will be subjected to personal and financial checks which satisfy Anti-Money Laundering Regulations. Such checks are conditional to the transaction.
Email Address to send to *
Name *
Email Address
Contact Number *
Enquiry

Sign up and be notified when new properties are added.

The Royal Institution of Chartered Surveyors was founded in 1868 and is now responsible for around 120,000 members worldwide. Its members are subject to regulation and periodic review as well as operating to strict Rules of Conduct.

This website uses cookies

This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

Accept