4 bedroom mixed use for sale

Hamlet House, London Road, Westcliff-on-Sea, Essex, SS0 7HZ

Sold STC £425,000

Property Description

Key features

  • Freehold
  • By arrangements with the Auctioneers

Full description

Tenure: Freehold

FOR SALE BY PUBLIC AUCTION Holiday Inn Hotel, London Southend Airport, Southend-on-Sea, Essex SS2 6XG Wednesday 12th October at 2pm

MIXED USE INVESTMENT OPPORTUNITY: A THREE STOREY BUILDING CLOSE TO SHOPS, COMPRISING 2 VACANT RETAIL UNITS THAT HAVE BEEN PARTIALLY UPDATED, TO THE FIRST AND SECOND FLOORS ARE 4 X VACANT REFURBISHED ONE BEDROOM FLATS.
An opportunity to purchase a mixed use investment property located close to other shops, bars etc and within walking distance of the railway station. The property consists of two vacant retail units to the ground floor and to the first and second floors are 4 x refurbished one bedroom flats with open plan lounge / kitchens, bedroom and bathroom. It is felt that the total potential rental income achievable for the entire building would be in the region of £43,000 plus per annum, giving a yield at the guide price of just over 10%
Ground Floor
Retail Unit No. 366
Shop Area 20' x 13'5<21'
Rear Store area 12'11 x 6'9
Retail Unit No. 368
Shop Area 21' x 13'2
Rear Store area 9'10 x 6'9
First floor
2 x One bedroom flats
Second floor
2 x One bedroom flats

366 Non Dom D
368 Non Dom D
366A - D
366B - D
368A - D
368B - D

Nearest stations

  • Westcliff (0.4 mi)
  • Southend Victoria (0.7 mi)
  • Southend Central (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Dedman Gray Auction, Essex

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

01702 311010 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

  • Westcliff (0.4 mi)
  • Southend Victoria (0.7 mi)
  • Southend Central (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Dedman Gray Auction, Essex

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

01702 311010 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.

Disclaimer - Property reference 52338. 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 Dedman Gray Auction, Essex. 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.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Dedman Gray Auction, Essex on 01702 311010.


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