Property for sale

The Broadway, Southend-on-Sea, Essex, SS1

Sold STC £425,000

Property Description

Full description

Tenure: Freehold

LOCATION:
This investment is located in a prime commercial trading position, a very busy parade with a mixed range of retailers, hairdressers and commercial operators. The parade also includes Tesco Express, HSBC, Nat West, Lloyds and Barclays Banks and is adjacent to Thorpe Bay railway station.

DESCRIPTION:
The ground floor commercial office is let to Essex Countryside Estate Agents with a current rent passing at £18,500 per annum with a 10-year lease from the 15/1/2010. With 5-yearly rent reviews. On the upper floors the two floor residential maisonette is currently let to Miss Chen at £850 pcm on a 12-month Assured Shorthold Tenancy until 22/03/2012. We understand the tenant wishes to renew the tenancy next year.

Accommodation 
The ground floor commercial office is let to Essex Countryside Estate Agents with a current rent passing at £18,500 per annum with a 10-year lease from the 15/1/2010. With 5-yearly rent reviews. On the upper floors the two floor residential maisonette is currently let to Miss Chen at £850 pcm on a 12-month Assured Shorthold Tenancy until 22/03/2012. We understand the tenant wishes to renew the tenancy next year.

Price 
The premises are available on a freehold basis at £425,000

Legal Costs 
Both parties to be responsible for their own legal costs.

Viewing 
By prior appointment with Dedman Gray Commercial on 01702 311111

More information from this agent

Listing History

Added on Rightmove:
17 January 2012

Nearest stations

  • Thorpe Bay (0.1 mi)
  • Southend East (1.3 mi)
  • Shoeburyness (1.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Dedman Gray, Essex

103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

01702 744063 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

  • Thorpe Bay (0.1 mi)
  • Southend East (1.3 mi)
  • Shoeburyness (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Dedman Gray, Essex

103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

01702 744063 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.

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