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Studio, in Corbets Tey Road, £315,000
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0 bed property

Corbets Tey Road, Upminster RM14
£315,000

Our Summary

  • Freehold Property for Sale – Prime Town Centre LocationTenure: FreeholdUpper Parts: Sold off on a 999-year leaseCurrent Lease:Tenant: Coffee shop on a vibrant paradeLease Term: 10 years from November 2020Rent: £20,000 + VAT per annumKey Highlights:Prominent town centre location, ensuring high foot trafficLong-term secure income from a reputable tenantUpper parts sold off, simplifying management obligationsIdeal investment opportunity for stable returnsThis bustling location is ideal for businesses, benefiting from strong retail activity and customer demand

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Description

This freehold property is located in a prime town centre location, offering a prominent spot with high foot traffic. The upper parts have been sold off on a 999-year lease, simplifying management obligations. The current tenant, a coffee shop, occupies the property on a 10-year lease from November 2020, paying £20,000 + VAT per annum.

This provides a long-term secure income stream, making it an ideal investment opportunity for those seeking stable returns. The location is ideal for businesses, benefiting from strong retail activity and customer demand, making it an attractive proposition for investors and entrepreneurs alike.