6 Bedrooms for sale in 195, 195A, 195B, 195C & 195D High Street, Maldon, Essex CM9 | £ 500,000

Property Description

A recently refurbished mixed use investment situated in the Essex riverside town of Maldon. Located in the High Street the premises offers a mix of residential and commercial accommodation arranged over two floors. Currently arranged as a takeaway unit fronting the High Street with
two, one-bedroom flats and two, two-bedroom flats making up the remainder of the building.

The property is a short distance from The Hythe and Promenade Park with vehicular access to the A414 which connects to Chelmsford, the A12 and beyond.

195 High Street
Takeaway Unit
Ground Floor
Customer seating area, sales counter, kitchen, inner lobby and cloakroom/W.C.
Tenancy
Let at a current rental of £5,500+VAT per annum. The existing lease has expired and a new lease, dated 1st October 2018, has been offered to the tenant for a period of five years with a rent review in year two.

195A High Street
Ground Floor
Entrance door fronting High Street, reception hallway with stairs to:
First Floor
Landing, kitchen/living room, bedroom, shower room and separate W.C.

195B High Street
Ground Floor
Entrance reception hallway with stairs to:
First Floor
Landing, living room, kitchen, two bedrooms, shower room and separate W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £750 per calendar month.

195C High Street
Ground Floor
Living room/kitchen, bedroom and shower room.

195D High Street
Ground Floor
Entrance reception hallway, living room/kitchen, two bedrooms and shower room.
Tenancy
Let on a Commercial Lease for a period of 12 months at a current rental of £800 per calendar month.

Outside
There is access at the rear of the building via a pedestrian right of way from North Street.

Freehold with Part Vacant Possession

Residential EPC: E

Commercial EPC: D

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to

Property Location

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