Key Features
Leases Available Upon Request
Income Producing Investment
Planning Permission For Residential
Total Gross Income £84,200 pax
Three Storey Property
Freehold
The ground floor has an EPC rating of C.
The first floor has an EPC rating of C.
The second floor has an EPC rating of D.
Contact
Property Description
Investment/development opportunity in the heart of Brentwood Town Centre. The property comprises a ground-floor unit, which is let to Smile HQ for a term of 15 years from October 2022 at a rent of £48,000 per annum exclusive. The first and second floor are arranged as serviced offices which are let out on a rolling monthly license basis.
PLANNING
The property benefits from planning permission to convert the first and second floor offices into 4, 1-bedroom apartments. Plans can be found on the Brentwood Borough Council planning portal under reference 24/01327/FUL.
Location
Brentwood is situated 25 miles north-east of London and 12 miles south-west of Chelmsford. The M25 (J28) is approximately two miles from the town centre which has a regular train service to London Liverpool Street (35 minutes).
VAT
All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.
