Summary - 40, HIGH STREET CM0 8AA
1 bed 1 bath Mixed Use
Secure national tenant with immediate asset management upside for investor buyers.
- Let to One Stop Stores Ltd (Tesco group) producing £17,500 pa
- Lease: FR&I term from 04/07/2023 with five-year tenant break and reviews
- Vacant three-bedroom first-floor flat; requires refurbishment or re-letting
- Ground floor includes sales area, stockrooms, food prep, office and WC
- Rear goods unloading area / loading bay for deliveries
- Prominent High Street location near Royal Burnham Yacht Club
- Rateable value £16,250; estimated business rates c. £8,109 pa
- Freehold sale offered around £300,000; VAT not elected
A rare high-street freehold with an institutional-quality tenant on an open-market lease. The ground floor is let to One Stop Stores Ltd (Tesco group) on a full repairing and insuring lease, producing a headline rent of £17,500 pa with five-year upward-only reviews — a clear income baseline underpinned by a strong covenant.
The first-floor three-bedroom flat is currently vacant and in need of reactivation or refurbishment. That empty upper accommodation creates immediate asset management options: re-let to generate additional income, undertake refurbishment to uplift value, or adapt for alternative uses subject to consents. The shop benefits from practical back-of-house space including stockrooms, food-prep area, office, staff WC and rear goods unloading.
Situated on Burnham-on-Crouch High Street close to the Royal Burnham Yacht Club, the building occupies a prominent town-centre position with good local amenities and transport links. There is no private garden and the plot is small; the property is a period, semi-detached building with tall ceilings and characterful brickwork.
Practical considerations: business rates on the commercial element are significant (rateable value £16,250; approx. £8,109 pa 2025/26). The sale is offered at freehold for offers around £300,000, subject to the existing occupational lease. VAT is not elected. Prospective buyers should verify services, compliance and exact refurbishment costs themselves.
1 bedroom terraced house for sale in Station Road, Burnham-On-Crouch, CM0 — £225,000 • 1 bed • 1 bath • 689 ft²
High street retail property for sale in Temperance House, 22 High Street, Burnham-On-Crouch, Essex, CM0 — £1,300,000 • 1 bed • 1 bath • 6231 ft²
Commercial property for sale in High Street, Burnham-On-Crouch, CM0 — £325,000 • 4 bed • 2 bath • 3500 ft²
6 bedroom block of apartments for sale in Temperance House, 22 High Street, Burnham-On-Crouch, Essex, CM0 — £1,300,000 • 6 bed • 1 bath • 6231 ft²
3 bedroom semi-detached house for sale in Station Road, Burnham-On-Crouch, CM0 — £250,000 • 3 bed • 1 bath • 1315 ft²
5 bedroom detached house for sale in High Street, Burnham-On-Crouch, CM0 — £600,000 • 5 bed • 1 bath • 3085 ft²
