This characterful Victorian property currently serves as office space, featuring parking facilities at both the front and rear. It houses multiple tenants under short-term all-inclusive lease agreements, generating a gross annual income of £56,400 inclusive of running costs. Located near Brentwood Station, this property benefits from excellent transport links including easy access to the Elizabeth Line and is within walking distance to Brentwood High Street's amenities. The A12 and A127 major roads are conveniently located a few miles away.
The current usage as offices presents an immediate opportunity for investors looking to diversify or repurpose the asset. Initial inquiries with Brentwood Borough Council indicate positive feedback regarding a potential conversion into residential units under Permitted Development rights. Additionally, there is scope for full redevelopment subject to planning approval, enhancing its versatility as an investment opportunity.
Currently occupied by five tenants on flexible agreements that include mutual break clauses leading to potential vacant possession post-01/07/2026, this freehold property could be transformed significantly to meet changing market demands. The existing tenancy structure allows for strategic adjustments in use while assessing any necessary refurbishments.
