Commercial Property For Sale
This commercial shop is situated in the village of Ingatestone, Brentwood. The commercial unit is approximately 956 sqft in size and it currently operates as the local village butcher. The current tenancy expires in October 2022 and is a rolling contract. The current income generated by the commercial shop is £10,800 per annum. The flats above the shop have been sold off on long leaseholds.
The property presents an opportunity to convert the rear of the commercial unit into a single residential unit. In March 2022 under the reference of 22/00405/S191 an application for a lawful development certificate was approved to convert the rear of the ground floor and the uppers into three separate flats. We encourage all interested parties to conduct their own feasibility.
The property is sold as a Virtual Freehold of 999 years that comes with development rights at the rear.
Viewings can be arranged upon request.
For more information on this opportunity, please contact Nathan at nathan@cityandcounties.com, Latif at latif@cityandcounties.com or Bogdan at bogdan@cityandcounties.com. Alternatively, you can call us 020 8106 8666.
Tenure: Freehold
No EPC available for this property
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