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Retail Property (high street) for sale

Southchurch Road, Southend-on-Sea

Withdrawn from Market 447 sq.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

Property Description

Commercial information

  • 447 sq ft (41 sq m)

Full description

Tenure: Freehold

LOCATION
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.

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

ACCOMMODATION
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

Toilet

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


TERMS
£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

OUTGOINGS
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.

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

VIEWING
By prior appointment with the agents:
Hair & Son - 01702 432255.
www.hairandson.co.uk


Energy Performance Certificates (EPCs)

Map & Street View

Disclaimer - Property reference 101353008317. 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 Hair & Son LLP, Southend-On-Sea 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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