Walton: Marine Buildings listed on Rightmove for £500k

Walton - Marine Buildings <i>(Image: Google Maps)</i>
Walton - Marine Buildings (Image: Google Maps)
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A WALTON building occupied by a retail store is up for sale for £500,000.

Marine Buildings, in Old Pier Street, Walton, has been listed on Rightmove by Stoneridge Estates in Frinton.

It is home to Nanny Twinkles, a gift shop which stocks clothing, shoes, hanging baskets, jewellery, cards and home décor.

The building contains two two-bedroom flats, two one-bedroom flats, and two commercial units, all of which are occupied.

Annual rent from the units is £43,500.

The listing said: “Stoneridge Estate Agents are pleased to bring to the market Marine Buildings which represents an excellent fully let investment opportunity, prominently positioned in the heart of Walton and just a short distance from the seafront

“It is an attractive turnkey investment for buyers seeking instant returns without the need for additional outlay or management set-up.

“Its central location ensures continued demand, with easy access to local shops, amenities, transport links and the popular seaside attractions that Walton is known for.

“With its prime position, strong rental yield, and fully occupied status, Marine Buildings offers a rare opportunity to acquire a ready-made investment property in a thriving seaside town.”

To find out more about the property, visit rightmove.co.uk/properties/170840777.

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