Maldon Road, Danbury, Chelmsford
| £135,000

LEASEHOLD COMMERCIAL PREMISES WITH A1 USE FOR SALE...... The uses for A1 premises are as follows: Shops, retail warehouses, hairdressers, undertakers, travel and ticket agencies, post offices, pet shops, sandwich bars, showrooms, domestic hire shops, dry cleaners, funeral directors and internet cafes (see agents notes) The property is currently tenanted with an ongoing lease running from January 2020 to January 2025 with the current leaseholders to remain. Details of the current annual rent can be requested on the numbers provided. The shop contains two main rooms, 1 small store room, cloakroom/W.C. Located in a prominent village location with good passing foot traffic.

Shop Area

5.21m x 4.45m mx (17'1 x 14'7 mx)

Back Room

4.19m x 2.95m (13'9 x 9'8)

Store Room

2.49m x 1.88m (8'2 x 6'2)

Cloakroom/ W.C

Lease Information

199 year lease as of 1994
commercial EPC rating upon request

Yield calculation

Current Rental Income is £10,200pa.

Rental yield = (Monthly rental income x 12) ÷ Property value
Take the monthly rental income amount or expected rental income and multiply it by 12.
Divide it by the property's purchase price or current market value.
Multiply this figure by 100 to get the percentage.

Based on the current rent received this offers a yield in excess of 7%