*Guide | £160,000 - £180,000 (plus fees)
- Mixed Use
- Tenure: Freehold
Call the team on 01702 939933 for more information
Mixed Use Part Let Freehold Investment /Restoration Opportunity
An exceptional opportunity to acquire a characterful mixed-use freehold building situated on Maldon’s historic High Street. This distinctive Grade II listed property combines an income-producing ground-floor commercial unit producing £8,000 pax The Vacant flat requires a full programme of refurbishment or redevelopment. The building retains a wealth of original period features including exposed beams, timber framing, original fireplaces and wide floorboards, providing a rare chance to sympathetically restore a piece of Maldon’s architectural heritage.
Tenure
Freehold
Retail Premises
Currently let as a café/waffle shop and producing an annual rental income of £8,000. Overall commercial area 56.9 sq. m. ( Not inspected by Auction House - source VOA website)
Residential Accommodation
Vacant accommodation previously arranged as a self-contained flat and now ready for refurbishment to provide a decent sized two bedroom flat at first floor with private entrance door, hall and kitchen to the ground floor.. This space is suitable for other uses (subject to the necessary consents).
Rateable Value
According to the Valuation office website, the property has a rateable value of £5,700 with effect from 1st April 2023 to present. Please note the valuation office have recorded the premises under postcode CM9 5PJ.
Council Tax
The flat is not currently liable for council tax.
Energy Efficiency Rating (EPC)
Current Rating B
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Maldon District Council
Solicitors
Kew Law (Witham), Ref: Isaac Howells, Tel: 01376 500049
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
Administration Charge - £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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
