Commercial Properties For Sale by Sorrell Commercial, Southend-on-Sea

Ground Floor 133 High Street: Let to Ryel Limted trading as Plan Burrito at a rent of £30,000 per annum on a 10 year lease from 28th June 2023 Ground Floor 135 High Street: Let to Mr Fryad trading as a barbers/hairdressers at a rent of £20,000 per annum on a 10 year lease from 24th February 2021. Upper Parts 133/135 High Street: Planning approved for 6 x flats (23/02028/FUL), first floor (2 x 1 bed and 1 x 2 bed) second floor ( 2 x 1 bed and 1 x 3 bed). All Plans and leases are available on request.

This retail/residential investment includes three commercial units, one x 2 bedroom first floor flat with one parking space and one flat sold off on a long leasehold basis. Income: Commercial Leases: 2 - 4 West Street - Vacant - On the market at £20,000 per annum (Awaiting restaurant approval). 6 West Street - £6,500 per annum 5 year lease from 1st February 2026. 8 West Street - £6,500 per annum 3 year lease from 4th March 2024 Side West Street - £660 per annum - advertisement on side of building. Residential Leases: 4a West Street - £12,600 per annum on One Year AST from 2nd July 2026. 6a West Street - £100 per annum sold off on a long leasehold for 125 years from 28th September 2004.

The property comprises of a ground floor shop with two further floors for staff facilities and storage. The whole of the property is occupied by The Perfume Shop and let on 5 year FRI lease commencing on 3rd March 2023 at £28,500 per annum exclusive.

The property consists of a ground floor takeaway and three bedroom first floor flat. The Takeaway consists of a reception area to front with tiled flooring and suspended ceiling, side door leading to commercial kitchen area with six ring stainless steel cooker and extraction. To the rear of the building is storage and coldstorage unit. There is another room to the ground floor currently used as a living area to the first floor flat with toilet and rear door entry. To the first floor are three bedrooms. To the rear of the property is a service road access from either end of the block of properties.

PREMIUM: £19,995 A fantastic opportunity to acquire a well-established and highly rated hair salon in the heart of Thorpe Bay. This beautifully fitted salon boasts a strong turnover and excellent potential for growth, making it ideal for an owner-operator or as a fully managed business run by staff. The premises provides a ground floor hair and salon and two bedroom first floor flat with parking and two garages to rear. Opening Hours: Hours: Monday 9 am-4 pm Tuesday 9 am-6 pm Wednesday 9 am-5 pm Thursday 9 am-6 pm Friday 8:30 am-6 pm Saturday 8:30 am-4 pm Sunday Closed. Turnover in the region of £190,000. Key Features: Stylishly and professionally fitted premises Strong, established turnover with scope to expand by adding additional services such as beauty treatments Staff-run operation - can continue seamlessly or suit an owner-operator looking to take the helm Outstanding reputation with a 4.8* Google rating This is a rare opportunity to step into a thriving business with loyal clientele and excellent growth potential to change part of the salon into nail bar/beauty salon.