Summary - Station Road, Clacton-On-Sea CO15 1SX
6 bed 2 bath Commercial Property
Freehold retail plus HMO with rear car park and immediate rental potential.
Freehold mixed-use building; ground-floor retail and 6-bed HMO above
A substantial freehold mixed-use building on Station Road, Clacton town centre, offering immediate rental upside. The ground floor is a lock-up shop (circa 970 sq ft) with an anticipated income of around £12,000 PA, while the first and second floors are arranged as a 6-bedroom HMO (circa 1,916 sq ft) with HMO use granted at appeal (ref 21/01850/FUL). A large gated car park to the rear, accessed from Colne Road, is a material asset for tenant convenience and lettability.
This property should appeal to investors seeking a town-centre yield opportunity. The seller states potential combined income of £60,000+ PA; business rates for the ground floor are modest (Rateable Value £9,700). The building is of Victorian construction with high ceilings and bay windows—period character that helps lettability—but it also has solid brick walls likely without cavity insulation, so thermal upgrades may be required to improve energy performance and reduce running costs.
Important considerations are factual: the area is very deprived and records very high crime, and the neighbourhood profile is described as transitional with constrained renters. The upper floors currently benefit from HMO permission, but incoming purchasers should budget for any works to meet licensing, safety, electrical and gas checks; fixtures and services have not been independently tested. The property is sold with no onward chain and includes a flying freehold detail.
In short: a town-centre, mixed-use freehold with strong rental potential and rear parking—best suited to experienced investors or owner-occupiers prepared to manage an asset in a challenged but lettable location, and to invest in compliance, energy upgrades and targeted refurbishment.
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