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Broadway, Leigh-On-Sea, Essex, SS9

£1,150,000

Business rates & charges may apply

ESSEX AND SUFFOLK BUSINESS SALES LIMITED, Colchester
SIZE

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SECTOR

Mixed use property for sale

USE CLASSUse class orders: A1 Shops and Class E

A1, E

Key features

  • COMMERCIAL & PROPERTY INVESTMENT PORTFOLIO
  • LTD CO. SALE
  • 5 x SHOPS 2 x FLATS and 1 x WAREHOUSE/STORAGE UNIT
  • PRIME LOCATIONS
  • BLUE-CHIP COMPANY & LOCAL AUTHORITY
  • RENTAL INCOME OF £75,430 PER ANNUM

Description

COMMERCIAL & PROPERTY INVESTMENT PORTFOLIO - LTD CO. SALE consisting of 5 x SHOPS 2 x FLATS and 1 x WAREHOUSE/STORAGE UNIT spreading across the SOUTHEAST ESSEX REGION and occupying PRIME LOCATIONS such as BROADWAY - LEIGH ON SEA, HIGH STREET - CANVEY ISLAND, HIGH STREET - WICKFORD and LONDON ROAD - HADLEIGH producing a RENTAL INCOME OF £75,430 PER ANNUM. The portfolio includes a BLUE-CHIP COMPANY & LOCAL AUTHORITY amongst the tenants providing further security for any proposed purchaser. We feel there is HUGE SCOPE to increase the revenues with BACKDATED RENT REVIEWS along with SOME LEASE RENEWALS IN 2025. A refurbishment of the residential properties would certainly MAXIMISE RENTAL INCOMES as they are CURRENTLY BELOW MARKET VALUES. Serious interested parties only are advised to contact Scott Nicholson Meek at ESSEX AND SUFFOLK BUSINESS SALES.

Broadway, Leigh-On-Sea, Essex, SS9

Approximate location
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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chalkwell Station0.6 miles
  • Leigh-on-Sea Station0.8 miles
  • Westcliff Station1.5 miles

Notes

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Disclaimer - Property reference I0029E. 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 ESSEX AND SUFFOLK BUSINESS SALES LIMITED, Colchester. 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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