A prime mixed use investment opportunity comprising a vacant former taxi office and a large tenanted duplex flat above.

Situated just off the High Street is this substantial detached mixed use premises with potential for an excellent rental retail relative to capital outlay. The ground floor was most recently utilised as a taxi office and comprises a reception area, four further rooms & two WCs and overall extends to app. 875 sq ft (81.25 sq m). The first and second floors comprise a spacious and particularly well maintained three bedroom flat extending to app. 1,120 sq ft (104 sq m) and which is currently let on a Periodic Assured Shorthold Tenancy at £575 PCM to the current tenant of some 10 years standing. With the ground floor having potential for alternative use or residential conversion (subject to planning permission) we believe this to be a first class development/investment opportunity.

Tenure

Freehold

Viewing

Open Viewing has been scheduled for Wed 13th and Thurs 21st July. BOOKNG AN APPOINTMENT IS ESSENTIAL. Please contact our Ipswich office to be allocated the next available slot on your preferred day.

Energy Efficiency Rating (EPC)

Current Rating 20 Kingsway - D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Tendring District Council

Solicitors

Shoredons & Co Legal, Ref: Emma Barnard

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.