Situated within an established neighbourhood parade on the busy Kiln Road in Thundersley, the property offers an attractive combination of residential and commercial accommodation, providing a current combined rental income of £14,160 per annum.
The self-contained first-floor flat is let on an Assured Periodic Tenancy at £8,160 per annum, while the ground-floor commercial unit currently produces £6,000 per annum under an informal agreement. With two distinct income streams and well-proportioned accommodation, the property represents an appealing opportunity for investors seeking an established mixed-use freehold investment.
Premises /
The property comprises a ground-floor commercial unit together with a self-contained two-bedroom first-floor flat, both currently producing rental income.
Ground Floor /
The commercial accommodation includes a retail area measuring approximately 30’4” (9.24m) x 16’1” (4.9m), narrowing to 10’6” (3.2m), an office measuring 16’3” (4.95m) x 8’1” (2.46m), kitchen 12’8” (3.86m) x 8’3” (2.51m) and cloakroom/WC.
First Floor /
The first-floor flat is approached via its own private entrance and comprises a lounge 15’5” (4.68m) x 10’7” (3.22m), kitchen 7’ (2.13m) x 5’6” (1.67m), bedroom one 15’3” (4.64m), bedroom two 10’9” (3.27m) x 10’6” (3.2m) and bathroom/WC.
Income /
The flat is currently let on an Assured Periodic Tenancy at £8,160 per annum, with the commercial premises currently producing £6,000 per annum under an informal agreement. This gives a combined current rental income of £14,160 per annum, making this a ready-made mixed residential and commercial investment in a well-established Thundersley location.
Price /
Sensible offers in the region of £300,000 Freehold are invited.
An ideal investment purchase – call Amos Estates on 01702 207720 or email: commercial@amosestates.com for further information and viewing arrangements.