The Estate Office, High Street, Clacton-On-Sea, Essex

Property Type	Offices - Office
Tenure	Investment, For Sale Freehold
Size	706 sq ft
Price	£175,000.00 (Offers in the region of)
Location	The Estate Office High Street Thorpe-Le-Soken Clacton-On-Sea Essex CO16 0EA
Details	FREEHOLD OFFICE INVESTMENT - Property situated on the High Street of Thorpe Le Soken approximately 10 miles to the east of Colchester. The property is arranged on a ground and first floor and comprises a detached estate agents office having an A2 financial service use. The property is freehold and will be sold and leased back to Essex & Country Village Homes on a full repairing and insuring lease for 10 years without break from completion of the sale at a rental of £15,000 pa with upward only rent review at the fifth year. Total floor area 706 sqft. Offers in the region of £175,000 to show net initial yield of 8.26% (taking purchase costs at 3.75%).