Summary - KINGSWAY HALL, KINGSWAY CO12 3AB
1 bed 1 bath Commercial Development
**Standout Features:**
- **Prime Location:** Situated in the bustling center of Dovercourt, Harwich.
- **Diverse Property Mix:** 17 individual retail units alongside a cozy café, plus 4 high-quality, newly converted flats.
- **High Occupancy:** Fully tenanted with an impressive gross annual income of approximately £100,000.
- **Luxury Flats:** Flats feature air conditioning, underfloor heating, balconies, and a roof garden.
- **Off-Street Parking:** Dedicated parking spaces for residents.
**Summary:**
Explore this exceptional investment opportunity in Dovercourt, Harwich, showcasing an impressive blend of commercial and residential units. The property features 17 individual shop units and a café at street level, all well-fitted for trade. Above, four newly converted flats yield high rental desirability; with modern finishes such as air conditioning, underfloor heating, and exclusive outdoor spaces, they cater to today’s tenant expectations.
Currently operating at 100% occupancy, this freehold property generates around £100,000 in annual income, making it a prime choice for discerning investors looking for immediate returns. The large plot size offers flexibility for future renovations or expansions, ensuring ample potential for capital growth.
Despite its prime location, prospective buyers should note the area's high crime rate and economic challenges, factors that may influence long-term investment strategies. With rapid advancements in nearby amenities and excellent transport links, don’t miss out on this enticing opportunity—properties like this don’t stay on the market for long!
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