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Lot 12 - 112 High Street, Braintree, Essex, CM7 1JZ

Details:

112 High Street, Braintree, Essex, CM7 1JZ

Description
A character property comprising a vacant ground floor shop with open plan sales area, cloakroom and ventilated basement situated in a prominent corner High Street location. T
The self contained duplex flat provides first floor fitted Kitchen and Living Room with two Bedrooms and a Bathroom on the second floor.
The retail area extends to approx NIA: Sales 20.4 sq m (220 sq ft)
Basement 13.5 sq m (145sq ft)
NIA 33.9 sq m (365 sq ft)

Location
Braintree is a prosperous market town with a population of approx 42,000 and has excellent access to the A120/M11/ A12. Main line railway stations provide services to London Liverpool Street. The town is well located for the regional centres of Chelmsford (10 miles) and Colchester (15miles)
The property is on the high street close to various independent and multiple traders.

Planning
The ground floor flat has previously been used for Class A1. Interested parties should make enquiries of Braintree District Council (01376) 552525.

Tenure
Freehold terms have been agreed for the flat to be let on an assured shorthold tenancy at £595 pcm (£7,140 pa). The shop unit is currently vacant with an estimated rental value of around £5,500 pa.

Legal Pack
Contact Pooley Bendal & Watson, 2 Three Cups Walk, Forehill, Ely Cambs CB7 4AN Tel (01353) 666075 ref JP

Viewing
Contact Ch

Report: • Refurbished & well presented shop with duplex flat • Situated on the High Street with a return frontage • Part-let freehold investment

 Estimate: £180,000 - £190,000