84 High Street, Maldon, CM9 5ET

Location

A Grade II Listed two storey end of terrace building with retail accommodation on the ground floor and a generous sized self contained flat on the first floor.

The ground floor retail unit measures approximately 3.75m wide x 9.50m deep and has a storage area to the rear measuring 4.00m wide x 3.25m deep. A WC is also provided.

The first floor flat is accessed from the rear of the property and provides a generous sized living area, bedroom, kitchen and shower/WC.

Externally at the rear of the property is two car parking spaces.

LOCATION
Maldon is an attractive coastal town located approximately 10 miles to the east of Chelmsford and 18 miles south west of Colchester with a population of approximately 23,000. The town is served by the A414 which provides access to the A12 dual carriageway and the M25 motorway.

The property is situated on the southern side of the High Street in a prime position next door to Costa and opposite Poundstretcher. There is a walk way on the left hand side of the property known as "Dolphins Cut" which leads to Friary Fields Pay and Display car park which is situated directly behind the property.

ACCOMMODATION

Ground Floor
Retail 383 sq ft [35.62 sq m]
Store/WC 140 sq ft [13.08 sq m]
Total 523 sq ft [48.70 sq m]

First Floor
Living Room 7.00m x 4.00m
Bedroom 3.75m x 2.92m
Kitchen 2.00m x 2.30m
Shower/WC 2.75m x 1.35m

PLANNING
We understand the property has a longstanding A1 Use which now falls under Class E.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised the unit falls within Band C (55) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available upon request.

SERVICES
We understand the property is connected to mains water, drainage, gas and electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.

BUSINESS RATES & COUNCIL TAX
We are advised the ground floor shop has a rateable value, with effect from the 1st April 2023 of £12,250. The estimated rates payable is approximately £6,611 (2024/25). We understand the shop may be eligible for small business rates relief. Interested parties are to speak to the Local Authority for further information.

We understand the flat is Council Tax Band B.

LOCAL AUTHORITY
Maldon District Council
01621 854477

TITLE
The property is held freehold under Title EX823670.

TERMS
The property is available to purchase on a freehold basis subject to the existing lease of the ground floor retail unit. Further details are available upon request.

GUIDE PRICE
Our client is seeking offers in the region of £275,000.

VAT
We understand VAT is not applicable.

LEGAL COSTS
Each party to bear their own legal costs incurred in this transaction.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE SELLING AGENTS:

Fenn Wright
20 Duke Street
Chelmsford
Essex
CM1 1HL

Contact:

James Wright
E: jw@fennwright.co.uk
fennwright.co.uk
01245 261226

Summary

Key points

• Mixed Use Investment For Sale Freehold
• Prime High Street Retail Premises with Self Contained First Floor Flat
• Ground Floor Retail Unit Generating £9,880 Per Annum Exclusive
• Self Contained First Floor One Bedroom Flat Currently Vacant
• Two Car Parking Spaces
• Nearby Occupiers Include Costa, CO OP Travel & Poundstretcher
• Contact

Fenn Wright
Tel: 01245 261226
James Wright
jw@fennwright.co.uk