Initial price	£270,000
03/04/24	£260,000
Price Change	-3.70%

This mixed commercial and residential investment opportunity in Walton on the Naze consists of a ground floor commercial space with a large shop area, office, cloakroom, and basement, as well as a self-contained two or three bedroom flat with its own roof terrace. The property has a potential yield of 8%+ and is located in a convenient corner position in the heart of the town. The commercial space has electric heating and gas central heating, and the flat has mains electricity, water, and sewerage. The property can be accessed via steps up to the shop and spiral staircase up to the flat, and there is no parking available. The property is located in flood zone 1, which means it has a low probability of flooding from rivers and the sea. The property is available to view by appointment only and bids can be made via the marketing agent or the auctioneer's website.