Radford Way, Billericay, Essex, CM12

£265,000

Guide price

LOCATION:

Billericay is an affluent town in the Borough of Basildon Essex. It lies within the London Basin and constitutes a commuter town 25 miles east of Central London. There is a thriving High Street with brand names including Costa Coffee, Wildwood Restaurant, Waitrose, Iceland, Superdrug, Boots and Pizza Express.

DESCRIPTION:

A freehold investment opportunity just on the outskirts of High Street Billericay. Only a minutes walk from Billericay Station on a mixed parade including Pizza Hut. Approx. 895 sq.ft. overall. Currently underlet at £14,000pa with an ERV of circa £17,500pa.

Property Ground Floor Approx. 579 sq.ft. including a WC to the rear.

Basement Approx. 315 sq.ft. with door to the rear and 2 undercroft parking spaces.

Features Rare Investment Opportunity

Close Billericay Station

On Mixed Parade Including Pizza Hut

Busy Commuter Location

ERV Approx. £17,500pa

Vacant Possession Possible!

Tenure Freehold, subject to an occupational lease for 20 years from September 2006, producing an income of only £14,000pa, with a last rent review in September 2021.

Rates The 2017 rating assessment shows an adopted value of £17,250.

Energy Performance Certificate An EPC has been ordered and will be provided on request.

Legal Fees Each party is to be responsible for their own legal fees.

Viewing All arrangements to view are via Dedman Gray on 01702 311 111.

Arrange viewing 01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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