An exciting opportunity to purchase an excellent asset management investment, situated on a busy "high street" in the affluent market town of Waltham Abbey.
There are three commercial properties, currently used as a hairdressers, a beautician and an office. There are two, two bedroom apartments. In addition, there is planning permission to build a further one bedroom apartment.
Breakdown of Current Rents:
Shop A - £8,000 Shop B - £7,100 Shop C - £7,500
Flat D - £750 PM Flat E - £875 PM Flat F - £725 PM Flat G - £850 PM
Our knowledge of the local market shows that all the elements are under let, and in our opinion the correct rental values should be:
Shop A - £10,000 Shop B - £9500 Shop C - £8500 - £9000
Flat D - £900 - £950 PM Flat E - £1000 - £1100 PM Flat F - £900 - £950 PM Flat G - £1000 - 1100 PM