Restaurant to rent

Clarence Street, Southend-On-Sea, Essex, SS1

703 sq. ft. | £1,667 pcm| £385 pw

Property Description

Commercial information

  • 703 sq ft (65 sq m)

Letting information:

Date available: Now

Key features

  • Town Centre Location
  • 3 Phase Electric
  • Full Drainage throughout
  • A1/A2/A3 Use
  • Lease Assignment
  • Available Immediately

Full description

LOCATION:
Southend on Sea is one of the principle commercial and leisure centres in Essex with a population of 162,000 and a catchment of 300,000. The town is located approx 35 miles east of London and 20 miles south of Chelmsford.

The nearby A127 dual carriageway provides a direct link with J29 of the M25 orbital motorway. Southend benefits from two mainline train stations providing direct connections with London Liverpool Street and Fenchurch Street with a journey time of less than an hour.

DESCRIPTION:
Situated just off of Southend High Street, we are pleased to bring to the market this A1/A2/A3 premises (currently run as an A3 Restaurant). The premises are available by way of Lease assignment. The lease was granted for a period of 20 years from 14th February 2012. The current Leaseholder is tading as a Pie and Mash Shop and have finished the property to the highest of standards. Interested parties are advised to contact Dedman Gray Property Consultants on 01702 311111.

Accommodation 
All areas are approximate and have been measured in accordance with the RICS Code of Measuring Practice on a net internal basis. Total Floor Area: 703 Sq. Ft

Terms 
The premises are available by way of Lease assignment. The lease was granted in February 2012 and has a current passing rent of £20,000 per annum (paid quarterly in advance). VAT is applicable to the rent. Rent reviews are every 5 years. All other terms and conditions by negotiation. Our client is seeking a premium of £5,000 with the ingoing tenant covering the tenant legal fees for handling the assignment. Some of the restaurant equipment could also be available for purchase, further information is available upon request.

Services 
Although we are advised that the unit benefits from main services, we would recommend that all interested parties check with the relevant statutory authorities as to the existence, adequacy or otherwise of these.

Planning 
Interested parties are recommended to make their own enquiries with the local Planning Authority to ensure that any proposed use is in accordance with the current planning policy. Telephone Southend Borough Council on 01702 215000.

Business Rates 
The property is entered on the 2010 rating list as Shop and Premises with a current rateable value of £14,500. Interested parties are advised to seek verification from Southend Borough Councils Business Rates department.

References 
Interested parties to be named on the lease will be required to pass a referencing and Identity application together with details of a suitable guarantor. Further clarification can be provided upon request.

Viewing 
By prior appointment with Dedman Gray Commercial on 01702 311111.

More information from this agent

Nearest stations

  • Southend Central (0.1 mi)
  • Southend Victoria (0.4 mi)
  • Southend East (0.8 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, SS1 3HQ

01702 744064 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

  • Southend Central (0.1 mi)
  • Southend Victoria (0.4 mi)
  • Southend East (0.8 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, SS1 3HQ

01702 744064 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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Property reference DCM160020_L. 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, Essex.

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