Sun Street, Waltham Abbey, Essex

A Commercial For Sale in Waltham Abbey

£1,000,000

  • Mixed Use
  • Asset Management Investment
  • Long Term Commercial Tenants
  • Planning Permission For New One Bedroom Flat
  • Excellent Location
  • Affluent Area
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