Carnarvon Road, Clacton

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Carnarvon Road, Clacton

Carnarvon Road, Clacton-On-Sea
£550,000

Our Summary

  • * Huge Development Potential (STPP) *We welcome to the market this large double plot unit set on Carnarvon Road, Clacton-On-Sea currently hosting a car wash and a tyre servicing to the left
  • The location is perfect for all buyers whether that be development into flats (STPP) or keeping the units as is, it's surrounded by restaurants, shops and bars
  • Huge Potential For Development (STPP)

Description

This large double plot unit on Carnarvon Road in Clacton-On-Sea is a rare opportunity for investors or developers. Currently hosting a car wash and tyre servicing business, the property produces an approximate 7% annual yield from the current rent. Situated in a prime location surrounded by restaurants, shops, and bars, the property has huge development potential (subject to planning permission) to convert into flats. With Clacton-On-Sea station nearby, commuting is convenient. Whether buyers choose to develop the site or keep the units as is, this property offers a unique investment opportunity.