Station Road, Clacton On Sea

Located in the heart of Clacton town centre, this freehold mixed-use property offers a promising investment opportunity with vacant possession. The asset features a ground-floor retail space and a three-bedroom flat on the upper levels, both of which are in need of refurbishment. Enhancing these spaces could unlock significant rental income potential, estimated at £28,800 per annum, equating to an appealing yield of approximately 11.52% post-renovation. The accommodation comprises essential facilities that require updating to maximize their functional appeal to prospective tenants. This property is ideal for investors looking to add value through refurbishment and capitalise on its central location.