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FOR SALE FREEHOLD – MIXED USE INVESTMENT OPPORTUNITY WITH REVERSIONARY REDEVELOPMENT POTENTIAL (STP)

For sale: POA|3,296 Sq Ft|Residential, Retail, Offices, Mixed use, Other Property Types & Opportunities

Property details

FOR SALEPOA
SIZE3,296 Sq Ft
ADDRESS113-115 High Street, Brentwood CM14 4RX
TYPEResidential, Retail, Offices, Mixed use, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON1st October 2021

Description

The property comprises a mix of retail, salon, residential and parking accommodation registered under title no EX572332. The buildings are let to various occupiers including a Domino’s pizza franchise and beauty salon on the ground floor, a ‘Pilates’ studio on the first floor and two flats on the 2nd floor producing an annual income of £110,380.
There is a car park to the rear containing 9 spaces. The property has re-development potential for a mixed use development upon reversion of the lease interests. Subject to Planning the property has the potential to be extended to the rear at 1st & 2nd floor levels and the further potential to create an additional floor at 3rd level and conversion to alternative uses including residential or B1 Offices.
Offers in excess of £2,000,000 Subject to Contract

Location

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Location: 113-115 High Street, Brentwood CM14 4RX

Upminster (4.8 miles)

Upminster Bridge (5.0 miles)

Hornchurch (5.7 miles)

Brentwood (0.4 miles)

Shenfield (1.5 miles)

Harold Wood (3.3 miles)

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