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AGENT'S DETAILS


Clacton-on-Sea - Freehold Unbroken Block of 32 Apartments

For sale: POA|21000 Sq Ft|Flat, Residential

PROPERTY DETAILS

FOR SALEPOA
SIZE21000 Sq Ft
ADDRESSHarlech House, Carnarvon Road, Clacton-on-Sea CO15 6QB
TYPEFlat, Residential
TENUREFor Sale Freehold
POSTED ON28th July 2020

DESCRIPTION

Investment Consideration:
Rental Income: £272,000 p.a.
VAT is NOT applicable to this property
Fully let building
Comprising 32 self-contained units over six floors, 3 x 3-bedroom (two of which are penthouses with roof terraces), 18 x 2-bedroom and 11 x 1-bedroom units
On site car parking for 25 vehicles
Development potential subject to the necessary consents and planning permissions
Located on the west side of Carnarvon Road, in this popular seaside town, within a short walk of Clacton mainline station (Greater Anglia trains to Liverpool Street station) and within ½ mile of the seafront and pier.

Property Description:
A substantial detached block of apartments (formerly an office building converted under Permitted Development Rights) comprising 32 self-contained units over six floors 3 x 3-bedroom (two of which are penthouses with roof terraces), 18 x 2-bedroom and 11 x 1-bedroom units.

The property provides the following accommodation and dimensions:
Total Site Area: 1,967 sq m (21,000 sq ft)

Tenancy:
The building is fully let and generates an income of approximately £272,000 p.a. Total rent deposit held of £15,265. Full tenancy schedule can be provided upon request.

Planning:
The site may offer further development potential subject to the necessary consents and planning permissions.

Location:
Located on the west side of Carnarvon Road, in this popular seaside town, within a short walk of Clacton mainline station (Greater Anglia trains to Liverpool Street station) and within ½ mile of the seafront and pier. Shopping and other amenities are close at hand including the main shopping centre and High Street. Each apartment has modern fitted kitchens and bathrooms, gas central heating and there is parking for up to 25 cars (accessed from Hayes Road). A passenger lift serves the first - fourth floors and there are communal gardens.

LOCATION

Location: Harlech House, Carnarvon Road, Clacton-on-Sea CO15 6QB

Clacton on Sea (0.0 miles)

Thorpe-le-Soken (3.9 miles)

Kirby Cross (4.3 miles)

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