Office for sale

Montague Building, Southchurch Road, Southend On Sea, Essex SS1 2LR

1,948 sq. ft. | Offers Invited

Property Description

Commercial information

  • 1,948 sq ft (180 sq m)
  • Use class orders: A2 Financial and Professional Services

Full description

DESCRIPTION AND LOCATION

Landmark building situated on a bold corner position along Southchurch Road which runs east from Southend town centre to Shoeburyness and is one of the main thoroughfares running to and from central Southend.

The property is currently let to the Swinton Group and has a frontage to Southchurch Road of approximately 13.5 metres and a return frontage of approximately 15.5 m and provides a net internal floor area of 181 sq m (1,948 sq ft). There are three car parking spaces in the rear car park.

There are a further three adjoining shops which are sold off on a long sublease.


ACCOMMODATION

Net Internal Area: Approximately 1,948 sq ft (181.0 sq m)

TENURE

The premises are held on a long lease dated 16th February 1988 for a term of 999 years, subject to a peppercorn rent. Part of the property, known as Units 1-3 Montague Buildings, have been sold to Sweeney Developments Limited on a long sub lease for a term expiring 2987, subject to an annual ground rent of £1 per annum.

The remainder of the property has been let to Swinton Group Limited on a lease dated 19th October 2006 for a term expiring 20th November 2016.

Current rent £25,000 per annum exclusive.

There are service charge provisions in the Head Lease which can be re-charged through the sub-lease, please enquire.

The property thus produces £25,001 per annum.

PRICE

Offers invited for our client’s long leasehold interest

LEGAL COSTS

Both parties to be responsible for their own legal costs incurred in this transaction.

VIEWINGS

For further information and viewings contact:

Ayers & Cruiks
01702 343060

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Southend Victoria (0.4 mi)
  • Southend Central (0.4 mi)
  • Southend East (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Ayers & Cruiks, Southend - Commercial

86-88 Baxter Avenue, Southend-On-Sea, SS2 6HZ

01702 744038 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Southend Victoria (0.4 mi)
  • Southend Central (0.4 mi)
  • Southend East (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Ayers & Cruiks, Southend - Commercial

86-88 Baxter Avenue, Southend-On-Sea, SS2 6HZ

01702 744038 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference MontagueBuilding. 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 Ayers & Cruiks, Southend - 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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