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  • INVESTMENT WITH RESIDENTIAL POTENTIAL
  • LONG LEASE
  • CHARACTER PROPERTY
  • RESIDENTIAL DEVELOPMENT OPPORTUNITY
FULL DESCRIPTION
Description This attractive grade II listed property comprises a commercial investment, producing a total income of ?26,700 by way of two ten-year FRI leases, each dated July 2025. There is also a vacant 2-bed flat, which is in need of refurbishment, including a new bathroom suite. Internally the property comprises 3 commercial units, two with upper floors, which have been combined to create one large unit currently trading as a pizza restaurant/caf?. There are attractive period features throughout including brick fireplaces, exposed wooden beams, and vaulted ceilings. Externally there is one car parking space with the commercial element. Location The property is situated in the village of Kelvedon and is prominently located at the crossroads between the High Street, Coggeshall Road and Heron Road. This is in an area of mixed residential and commercial uses with other businesses including The Railway Tavern public house, various local shops and takeaways. Kelvedon is well conn

Description

This attractive grade II listed property comprises a commercial investment, producing a total income of ?26,700 by way of two ten-year FRI leases, each dated July 2025. There is also a vacant 2-bed flat, which is in need of refurbishment, including a new bathroom suite. Internally the property comprises 3 commercial units, two with upper floors, which have been combined to create one large unit currently trading as a pizza restaurant/caf?. There are attractive period features throughout including brick fireplaces, exposed wooden beams, and vaulted ceilings. Externally there is one car parking space with the commercial element.

Location

The property is situated in the village of Kelvedon and is prominently located at the crossroads between the High Street, Coggeshall Road and Heron Road. This is in an area of mixed residential and commercial uses with other businesses including The Railway Tavern public house, various local shops and takeaways. Kelvedon is well connected to Chelmsford and rest of Essex and East Anglia by the A12, which is approximately 5 minutes drive away. There are also mainline rail links to London.

Accommodation

Ground Floor: 1,167 sq ft ( First Floor Commercial: 439 sq ft ( First Floor Flat (GIA): 625 sq ft (

Tenure Comments

The freehold interest in the property is available at a guide price of ?485,000, subject to the existing tenancies. Also available by separate negotiation are two residential properties, both of which are let on Assured Periodic Tenancies. Further details available upon request.

Legal Costs

Each party to be responsible for their own legal costs incurred.

Viewing

Strictly via prior appointment with sole agents Elwell Taylor (01245 266088)

VAT

We understand the property is not elected for VAT

Viewing
Please contact us on 01245 266088 if you wish to arrange a viewing appointment for this property, or require further information.

Disclaimer
Elwell Taylor endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
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