Commercial Properties For Sale in Southend-On-Sea, Essex

Spacious retail showroom approx. 7,340 sq.ft. with a dual frontage and open-plan layout, storage and parking. Occupying a very visible location on the corner of Whitegate & Chichester Roads. Close by are Caffe Nero, Superdrug, JD Sports, Costa Coffee & NatWest.

The freehold of the building comprising Grd & 1st Floor offices along with a vacant Café held together under a single lease of the commercial premises which will be included in the sale, plus eight upper floors containing 52 residential apartments which have been sold on long leases. T...

Detached double pitched industrial/warehouse unit arranged as factory and stores at ground floor with ancillary offices, separate male and female WCs, kitchenette, locker room with further offices, predominantly open plan arrangement at first floor and mezzanine storage. The property benefits from two electric roller shutter doors to the front with space for loading and unloading on the front forecourt. INVESTMENT SUMMARY Assuming an ERV at review of £177,500 pax (£10.00 per sq. ft) and a purchase price of £1,800,000 exclusive, this equates to a Net Initial Yield of 6.72% and a Reversionary Yield of 9.32% (allowing for purchaser's costs of 5.75%). FMS Foils Limited are a successful business with a stable of blue chip clients. They are owned by WZ Packaging Limited, who have an Experian Credit Rating of 73/100 (Below Average Risk).

The premises comprises a light industrial workshop and land with possible development potential , subject to planning consent located to the rear of residential in Milton Road, Westcliff close to The Cricketers Public House and a short distance from its' junction with London Road (A13). ...