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Commercial Investment, Leigh-on-sea, SS9

Offers in Region of
£395,000

£228.99 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

1,725 sq ft

160 sq m

SECTOR

High street retail property for sale

Description

RETAIL SHOP, 2 BED FLAT & LOCK-UP GARAGE INVESTMENT - LONDON ROAD, LEIGH-ON-SEA, SS9 2SQ. Shop approx. 851 sq. ft. let upon a 3-year lease from 25/01/22 at a rental of £9,500 per annum. The first-floor flat is let upon an assured shorthold tenancy at a rental of £825 per month. The garage is offered with vacant possession. TOTAL CURRENT RENTAL INCOME £19,400 PER ANNUM. OUR REF: I6557E 262448

Location

The property is situated on the north side of the London Road (A13) between the junctions of Sydney Road and Barnard Road.

Tenure

For sale freehold subject to the following tenancies:



The shop is let upon a 3-year lease (granted outside the Landlords and Tenants Act) from 25/01/22 at a rental of £9,500 per annum. The first-floor flat is let upon an assured shorthold tenancy at a rental of £825 per month. The garage is offered with vacant possession.



TOTAL CURRENT RENTAL INCOME £19,400 PER ANNUM.

Premises

A terraced 2-storey property comprising of a retail shop, 2 bedroom first-floor flat and lock-up garage and parking to the rear.



The accommodation is arranged as follows:



RETAIL SHOP with large single-glazed frontage. MAIN SALES AREA measuring approx. 409 sq. ft. opening to: FURTHER SALES AREA approx. 299 sq. ft. incorporating a partitioned storeroom. KITCHEN/WC approx. 94 sq. ft. door to the rear. STOCK ROOM approx. 49 sq. ft. DETACHED GARAGE accessed via a rear service road off Sydney Road. 1 PARKING SPACE. 



SELF-CONTAINED FIRST-FLOOR FLAT with front entrance, staircase rising to: LANDING with built-in storage cupboard, doors to: LIVING ROOM approx. 11'9 x 19'8. KITCHEN approx. 13' x 9'11. BEDROOM 1 approx. 13'5 x 10'5. BEDROOM 2 approx. 9'4 x 8'10.  BATHROOM/WC (3-piece suite). 



NOTE: the flat benefits from gas central heating (combi boiler, not tested) and double glazing.

Council Tax

The shop has a rateable value of £7,400 payable by the tenants. The flat has a council tax band A payable by the tenants.

Legal Costs

Each party are to be responsible for their own legal costs incurred in this transaction.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.

Commercial Investment, Leigh-on-sea, SS9

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leigh-on-Sea Station0.5 miles
  • Chalkwell Station1.6 miles
  • Westcliff Station2.4 miles

About Gilbert and Rose Commercial, Essex Commercial

1333-1335 London Road, Leigh-On-Sea, SS9 2AD

Gilbert & Rose Business Transfer and Commercial Property Sales and Lettings

Gilbert & Rose is a respected and well-established name in the real estate industry, renowned for our expertise in Residential Sales and Lettings. Building on our success in this area, we have expanded our services to encompass business transfer and commercial property sales and lettings. As part of this strategic expansion, we have recently partnered with Bradleys Countrywide Limited, a highly regarded company with over sixty years of experience in commercial business transfer within Essex, Hertfordshire, and Suffolk.

By combining our strengths and leveraging the extensive knowledge and database of our merger partner, we possess unparalleled access to comparable evidence. This enables us to provide accurate valuations and deliver successful business sales for our clients. Our marketing approach is comprehensive and innovative, utilizing a range of powerful tools such as video marketing, professional photography (including drone shots), and virtual tours. We conduct extensive marketing and advertising campaigns, leveraging the reach of the largest business and residential property websites, alongside our own constantly updated platform. We understand the importance of maintaining confidentiality in certain cases, and we offer tailored advertising solutions to meet the specific requirements of our clients.

At Gilbert & Rose, transparency is at the heart of everything we do. Our fees are competitive and transparent, with no hidden charges, and payment is only required upon the successful completion of a transaction. We take pride in providing expert advice and guidance to our clients, whether they are ready to sell or simply seeking information. Our dedicated team is committed to exploring the best options available to suit your individual needs, ensuring that you can make well-informed decisions throughout the process.

Whether you are looking to buy, sell, or lease a property, we invite you to contact us for any further information you may require. At Gilbert & Rose, our commitment to delivering exceptional service is unwavering. We are here to assist you every step of the way on your real estate journey. Get in touch with us today and let us help you achieve your goals with confidence and success.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference RX262448. 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 Gilbert and Rose Commercial, Essex 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.

Map data ©OpenStreetMap contributors.

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