*Guide | £450,000 - £500,000 (plus fees)
- Mixed Use
- 4 Bedrooms
- Tenure: Freehold
Call the team on 01473 558 888 for more information
A prime four unit mixed use investment with a high yield.
Situated in Halstead's busy High Street is this substantial, fully let Freehold premises comprising two retail units and two large duplex maisonettes. The majority of the ground floor along with Three parking spaces is leased to Greggs PLC, the adjoining shop has an established tenant and both two bedroom maisonettes above are tenanted, one being fully refurbished and on a new Assured Tenancy, the other on a Protected Tenancy. A solid investment providing above an 11% annual return based on the low end of the Guide Price.
Tenure
Freehold
Leases
64 High Street (Retail c.406 sq ft (37.7 sq m) - Let to Crystal Healing Halstead Five year lease from 2023, current rent £9,000 per annum 68 High Street (Retail c.1,612 sq ft (149.8 sq m) - Let to Greggs PLC Ten year lease from 2022, current rent £18,500 per annum 66a High Street (Residential) c.1,216 sq ft (113.0 sq m) - Duplex Maisonette Regulated Rent, £8,340 per annum 68a High Street - (Residential c.1,198 sq ft (111.3 sq m) - Duplex Maisonette Assured Tenancy, £14,400 per annum TOTAL INCLOME - £50,240 PER ANNUM
Council Tax Band
66A- A 68A- A
Rateable Value
According to the Valuation Office website 64 High Street has a current rateable value of £7,200 with effect from 1 April 2026.
Energy Efficiency Rating (EPC)
Current Rating 64 (Shop)- Please Refer to Legal Pack 66a (Flat)-D 68 (Shop)-D 68a (Flat)- D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Braintree District Council
Solicitors
Ellisons Solicitors (Ipswich), Ref: Ellen Peterson, Tel: 01473 556919
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 - £1800 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.
