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Commercial Properties For Sale in Benfleet, Essex

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9 - 17 High Street, Benfleet, Essex, SS7
Commercial Property

Freehold Investment Opportunity - South Benfleet, Essex Available for Sale An excellent opportunity to acquire a freehold mixed-use investment property situated in South Benfleet, within easy reach of Benfleet Station (C2C service to Southend and Fenchurch Street). The property comprises a well equipped restaurant with flat above and hairdressers, both let to established tenants, producing a combined rental income of £48,672 per annum. The investment is VAT-free. 9-15 High Street - Restaurant (Marble Restaurant) Let to Marble, established restaurant trading 7 days a week. Includes a two-bedroom flat on the first floor. Lease start: March 2022 Lease expiry: March 2037 (no breaks) Lease type: Full Repairing & Insuring (FRI) Rent reviews: Every 5 years, RPI-linked Approx. floor area: 2,565 sq ft (238 sq m) 17 High Street - Retail Unit (Headmasters Gents Hair Stylist) Let to Headmasters Gents Hair Stylist, a long-established local business trading from the premises for over 30 years. Lease start: April 2022 Lease expiry: April 2027 (no breaks) Lease type: Full Repairing & Insuring (FRI) Approx. floor area: 484 sq ft (45 sq m) Tenancy Summary Marble Mediterranean Restaurant (inc. 2-bed flat) start date Mar 2022 to Mar 2037 FRI - RPI-linked every 5 years - Established 7-day operation Headmasters Gents Hair Stylist start date - Apr 2022 to Apr 2027 FRI - In occupation for 30+ years Combined Rental Income: £48,672 per annum VAT: Not appl

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