Summary - ABBEY ASSOCIATES LTD, BROOKER ROAD EN9 1JH
1 bed 1 bath Retail Property (high street)
Income-producing high-street unit let to Tesco, ideal for investors seeking immediate rental return.
Let to Tesco with ~8.5 years remaining on 10-year lease
A compact high-street retail investment located on Brooker Road, Waltham Abbey, currently let to Tesco on a 10-year lease with about 8.5 years remaining. The unit sits in the busiest part of town, benefiting from exceptional footfall, excellent visibility and free customer parking — useful for steady retail turnover.
The leasehold sale at £85,000 reflects an occupied, income-producing asset. Annual outgoings include rent/utilities/service charge of approximately £16,000 and business rates around £4,000; rent is payable quarterly. On-site washer and dryer facilities are provided and the property presents a modern shopfront with glass doors and an open-plan tiled interior.
Practical positives include very low flood risk, fast broadband and excellent mobile signal, supporting modern retail operations. Note the local area records above-average crime rates and the property is leasehold with a limited remaining term, which will affect purchaser due diligence and financing options.
This proposition targets investors seeking a compact, let retail unit in a busy high-street location with immediate rental income and low physical maintenance needs. Buyers should confirm lease details, rental covenant strength, and consider the short remaining lease term when assessing long-term value.
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