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Retail Property (high street) for sale

Southchurch Road, Southend-on-Sea

Withdrawn from Market £245,000
447 sq. ft.

Property Description

Commercial information

  • 447 sq ft (41 sq m)

Full description

Tenure: Freehold

823/825 Southchurch Road, Southend-on-sea.
The property is located on the South side of Southchurch Road, a short distance from its' junction with Hamstel Road.

The premises comprise a vacant shop, and a tenanted 2 bed flat and tenanted store.

SHOP Internal Width 16ft 7in.
Shop Depth 24ft 10in to pavement .
shop front recessed 6ft 3in
SALES AREA 447 sq ft. (41.5sq m)
Including 102 sq ft covered in front of the shop.

Corridor 29ft x 5ft


Rear Store 18ft x 20ft 7in.

FIRST FLOOR FLAT We are advised that the flat provides 2 bedroomed accommodation which is let on a period
tenancy and producing £550 per calendar month.

STORE Currently let on to Thomas Lindsey Brown and producing £100 per calendar month exclusive.
(not inspected) rising to £200 per calendar month in 2017

£245,000 is required for our clients freehold interest in these premises with the benefit of the income from the ttwo tenancies and with the benefit of vacant possession of the shop

The 2010 rateable value for the shop is £6,400, which is chargeable at 49.3p in the pound for the rating year to April 2017. The Store at 825 Southchurch Road has a rateable value of £2,050. Small business rate relief may apply.

We understand that VAT is not payable on the purchase price.

By prior appointment with the agents:
Hair & Son - 01702 432255.

Energy Performance Certificates (EPCs)

Map & Street View

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