Summary - Argent House, Little Square CM7 1UT
1 bed 1 bath Cafe
**Standout Features:**
- Spacious 1,823 sq ft commercial property
- Located in the heart of Braintree retail area
- Generating annual income of £35,000 with a gross initial yield of 7.3%
- Virtual freehold available with a 999-year term and peppercorn rent
- Ground and first floor layout with fitted kitchen and seating area
- Room for external seating accommodating 16 guests
**Concerns:**
- High crime rate in the area
- Average broadband and mobile signal speeds
- Potential maintenance needs due to the property's construction method
Discover the ideal investment opportunity in this expansive café space located in the bustling Braintree retail district. With 1,823 sq ft of modern design, the ground floor features an open-plan seating area and fitted kitchen, making it perfect for a thriving café or restaurant. This property not only offers a reliable income stream of £35,000 annually but also sits on a virtually freehold lease for 999 years at a minimal cost, providing exceptional long-term security.
Families and first-time buyers might find this area appealing due to its proximity to local amenities and good primary schools. However, be mindful of the higher crime rate and average mobile connectivity. With room for renovations or extensions, this property stands as a promising venture for those looking to invest in a vibrant community space. Act quickly—opportunities like this are rare and in demand!
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