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Commercial Investment, Leigh-on-sea, SS9

Offers in Region of
£395,000

£228.99 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

1,725 sq ft

160 sq m

SECTOR

High street retail property for sale

Description

RETAIL SHOP, 2 BED FLAT & LOCK-UP GARAGE INVESTMENT - LONDON ROAD, LEIGH-ON-SEA, SS9 2SQ. Shop approx. 851 sq. ft. let upon a 3-year lease from 25/01/22 at a rental of £9,500 per annum. The first-floor flat is let upon an assured shorthold tenancy at a rental of £825 per month. The garage is offered with vacant possession. TOTAL CURRENT RENTAL INCOME £19,400 PER ANNUM. OUR REF: I6557E 262448

Location

The property is situated on the north side of the London Road (A13) between the junctions of Sydney Road and Barnard Road.

Tenure

For sale freehold subject to the following tenancies:



The shop is let upon a 3-year lease (granted outside the Landlords and Tenants Act) from 25/01/22 at a rental of £9,500 per annum. The first-floor flat is let upon an assured shorthold tenancy at a rental of £825 per month. The garage is offered with vacant possession.



TOTAL CURRENT RENTAL INCOME £19,400 PER ANNUM.

Premises

A terraced 2-storey property comprising of a retail shop, 2 bedroom first-floor flat and lock-up garage and parking to the rear.



The accommodation is arranged as follows:



RETAIL SHOP with large single-glazed frontage. MAIN SALES AREA measuring approx. 409 sq. ft. opening to: FURTHER SALES AREA approx. 299 sq. ft. incorporating a partitioned storeroom. KITCHEN/WC approx. 94 sq. ft. door to the rear. STOCK ROOM approx. 49 sq. ft. DETACHED GARAGE accessed via a rear service road off Sydney Road. 1 PARKING SPACE. 



SELF-CONTAINED FIRST-FLOOR FLAT with front entrance, staircase rising to: LANDING with built-in storage cupboard, doors to: LIVING ROOM approx. 11'9 x 19'8. KITCHEN approx. 13' x 9'11. BEDROOM 1 approx. 13'5 x 10'5. BEDROOM 2 approx. 9'4 x 8'10.  BATHROOM/WC (3-piece suite). 



NOTE: the flat benefits from gas central heating (combi boiler, not tested) and double glazing.

Council Tax

The shop has a rateable value of £7,400 payable by the tenants. The flat has a council tax band A payable by the tenants.

Legal Costs

Each party are to be responsible for their own legal costs incurred in this transaction.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.

Commercial Investment, Leigh-on-sea, SS9

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leigh-on-Sea Station0.5 miles
  • Chalkwell Station1.6 miles
  • Westcliff Station2.4 miles

About Gilbert and Rose Commercial, Essex Commercial

1333-1335 London Road, Leigh-On-Sea, SS9 2AD

Gilbert and Rose Commercial, Essex Commercial

Gilbert & Rose Business Transfer and Commercial Property Sales and Lettings

Gilbert & Rose is a respected and well-established name in the real estate industry, renowned for our expertise in Residential Sales and Lettings. Building on our success in this area, we have expanded our services to encompass business transfer and commercial property sales and lettings. As part of this strategic expansion, we have recently partnered with Bradleys Countrywide Limited, a highly regarded company

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Notes

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Disclaimer - Property reference RX262448. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Gilbert and Rose Commercial, Essex Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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