Summary - Eastwood Road, Rayleigh, Essex SS6 7JQ
1 bed 1 bath Commercial Property
Immediate income with scope to improve returns through refurbishment.
Freehold mixed-use: ground-floor shop plus first-floor two-bed flat
This freehold mixed-use property in Rayleigh town centre combines a large ground-floor commercial unit with a first-floor two-bedroom flat, currently producing a combined income and an indicative yield of 7.1%. The commercial unit is let to April 2028 at £18,750 p.a.; the flat is on a periodic tenancy at £13,250 p.a., offering immediate rental income and straightforward management for an investor.
The location is a key strength: high street positioning within walking distance of Rayleigh train station, strong local amenities and regular footfall. The plot includes a detached garage to the rear and decent overall floor area (approx. 732 sq ft), supporting a variety of commercial uses or a future re-let at market rates once vacant.
Constructed in the 1950s–60s with solid brick walls and double glazing of unknown age, the building is robust but shows potential for improvement. There is no confirmed wall insulation and some updating or refurbishment may be required to raise energy efficiency and let / sale value. Broadband speeds are average; mobile signal is excellent. Crime levels are above average locally, which is a factor to consider for tenant mix and insurance costs.
This is a pragmatic opportunity for investors seeking a town-centre freehold with immediate income, clear upside through refurbishment or re-letting, and a convenient location. Buyers should allow budget for upgrades to thermal performance and consider security measures given local crime statistics.
High street retail property for sale in High Street, Rayleigh , SS6 — £345,000 • 1 bed • 1 bath • 994 ft²
High street retail property for sale in Shop, 140 High Street, Rayleigh SS6 7BU, SS6 — £395,000 • 1 bed • 1 bath • 1070 ft²
Property for sale in London Road, Rayleigh, SS6 — £145,000 • 1 bed • 1 bath • 1100 ft²
High street retail property for sale in Commercial Investment, Leigh-on-sea,, SS9 — £395,000 • 1 bed • 1 bath • 1725 ft²
High street retail property for sale in Shop, Shop & Uppers, 405 London Road, Westcliff on Sea SS0 7HU, SS0 — £325,000 • 1 bed • 1 bath • 1449 ft²
Commercial property for sale in Spa Road, Hockley, Essex, SS5 — £950,000 • 1 bed • 1 bath
