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Commercial Property for sale

London Road, Leigh-on-Sea

Withdrawn from Market £375,000

Property Description

Full description

Tenure: Freehold

LOCATION
North side of London Road (A13), Leigh on sea, a short walk from its' junction with Thames Drive / Highlands Boulevard.

DESCRIPTION
A tenanted shop which is held on a FRI lease and producing £15,000 per annum exclusive with vacant self contained 3 bed flat over.

ACCOMMODATION
Shop not inspected as tenanted

LIVING ACCOMMODATION (Approached via a front entrance door from London Road)
Spacious landing area
LOUNGE (rear) 13´6" x 11´10" . French doors leading to roof terrace
KITCHEN 9´1" x 7´ Range of fitted units, Stainless steel sink. Window to side.
BATHROOM 5´5" x 8´9" Three piece white suite. Airing cupboard
BEDROOM 11´8" x 12´9"
BEDROOM 11´6" x 13´2"
BEDROOM 9´9" x 7´3"

AMENITIES
Double glazing to the flat. Roof terrace a first floor level over ground floor extension. Gas central heating (not tested) to flat.

SERVICES
Mains water, electric and gas supply. Separate services to ground and first floors.

TERMS
FREEHOLD : £375,000 (with the benefit of the income from the ground floor and a vacant flat)

OUTGOINGS
Shop has a rateable value of £7,500. UBR is 48.2p. in the pound until April 2015.

VAT
NO VAT ON THE PURCHASE PRICE.

LEGAL COSTS
Each their own.

SERVICE CHARGE
None.

PARKING NOTES
On street parking to the front of the premises (1 h our 9 a.m. - 6 p.m.) . Free car park on the corner of Highlands Boulevard.

PLANNING
The ground floor is let as a restaurant (classA3) however interested parties should satisfy themselves as to the current permitted use of the ground floor as we have not inspected the planning record for this property.

VIEWING
By prior arrangement.


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