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Property for sale

Ryan House, 18-19 Aviation Way, Southend On Sea, Essex, SS2


Property Description

Key features

  • Fully Let Office Investment
  • Central Reception
  • Producing 172,450 Per Annum
  • Landscaped Front - Farmland To Rear
  • Parking To East & West
  • Accessed From Aviation Way

Full description

Tenure: Freehold

Southend-on-Sea is located approximately 30 miles (50 km) east of London, 7 miles (11 km) east of Basildon and 12 miles (20 km) southeast of Chelmsford. The nearby A127 dual carriageway provides a direct link with J29 of the M25 Orbital Motorway. There are two main line train stations providing connections with London Fenchurch Street and Liverpool Street Stations.

In a thriving business community, this attractive, modern and very well presented multi occupied office building benefits from shared facilities and is an ideal investment. These impressive office suites share a front reception service, modern kitchen and toilet facilities plus parking to both the east and west of the building with the main car park easily accessible from Aviation Way.

Currently fully let the property benefits from a central reception area and car parking. Current rental income is approx. £172,500 p.a.

All areas are approximate and have been measured on a net internal basis. Suite 1 & 2 11,130 Sq. Ft. Rental income £124,000 Suite 3 1,755 Sq. Ft. Rental income £ 15,000 Suite 4 1,335 Sq. Ft. Rental income £ 12,500 Suite 5 1,345 Sq. Ft. Rental income £ 11,150 Suite 6 1,141 Sq. Ft. Rental income £ 9,800

" Fully let " Central Reception " Producing £172,450 rental income p.a. " Landscape to the Front Farmland to the rear " Parking to the east and west accessed from Aviation Way

Our clients are seeking £2.25m for the freehold interest. All other terms are also subject to negotiation

Although we are advised that the unit benefits from main services, we would recommend that all interested parties check with the relevant statutory authorities as to the existence, adequacy or otherwise of these.

Interested parties are recommended to make their own enquiries with the Local Planning Authority to ensure that any proposed use is in accordance with the current planning policy. Telephone Southend Borough Council 01702 215331.

Business Rates 
Interested Parties are advised to seek verification from Southend Borough Council Business Rates Department.

By prior appointment with Dedman Gray Commercial on 01702 311111.

More information from this agent

Listing History

Added on Rightmove:
30 November 2014

Map & Street View

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