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Property
Corbets Tey Road, Upminster RM14
£315,000
Corbets Tey Road, Upminster RM14
£315,000
Our Summary
- Ideal investment opportunity for stable returns
Description
This freehold property is located in a prime town centre spot, ensuring high foot traffic and ideal for businesses. The current tenant, a coffee shop, occupies the property on a 10-year lease from November 2020, paying £20,000 plus VAT per annum. The upper parts of the property have been sold off on a 999-year lease, simplifying management obligations. With a long-term secure income from a reputable tenant, this property presents an ideal investment opportunity for stable returns. The bustling location benefits from strong retail activity and customer demand, making it an attractive option for investors seeking a reliable income stream.