High Yielding Multi-Let Retail Investment

The property comprises a high yielding, multi-let retail investment forming a popular local parade. Arranged as five retail units with associated rear land, the property is currently fully let to three tenants. Cressing is an attractive village approximately 3 miles south-east of Braintree and approximately 42 miles north-east of the City of London. The property is located within a primarily residential area close to Cressing Rail Station. Other nearby retailers include a Nisa Local and Post Office, and a One-Stop convenience store. Transport links include Cressing railway station (Greater Anglia) and road connections via the A120, A131, and A12. The accommodation totals approximately 234.08 sq m (2,517 sq ft). Total passing rent is £50,000 per annum, let on new leases agreed in 2023 and 2025. Tenure is freehold. VAT is not applicable to this sale.