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Shop, 6-7 Clifftown Road, Southend-on-Sea SS1 1AB

£1,300,000

£219.19 per sq ft

Business rates & charges may apply

Ayers & Cruiks, Southend
SIZE AVAILABLE

5,931 sq ft

551 sq m

SECTOR

Commercial development for sale

Key features

  • Investment/Development
  • Freehold For Sale
  • HMO Has Been Applied For
  • Three Floors Of Accommodation
  • Offers in Excess of £1,300,000

Description

Located in the heart of Southend City Centre, directly opposite Southend Central Station and a short walk from the High Street, this property presents a unique investment opportunity. The building offers versatile accommodation across the basement, ground, first, and second floors.
Previously operated as a bar and restaurant, the property now benefits from planning permission to convert the upper floors into 19 student units, while retaining the ground and basement levels for commercial use. Additionally, there is potential to create three more units within the existing roof.
The projected gross income is approximately £230,000 per annum for a 22-unit scheme, plus around £45,000 per annum for the commercial space. On September 29, 2022, our client secured planning permission (Ref: 22/01097/FUL). A HMO has been applied for.

Brochures

Shop, 6-7 Clifftown Road, Southend-on-Sea SS1 1AB

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Southend Central Station0.0 miles
  • Southend Victoria Station0.3 miles
  • Southend East Station0.8 miles

About Ayers & Cruiks, Southend

86 - 88 Baxter Avenue, Southend-On-Sea, SS2 6HZ

Established in 1997 Ayers & Cruiks have grown to become the areas largest firm of Residential and Commercial Property Managers, Chartered Surveyors and Commercial Estate Agents. We manage a large portfolio of residential flats, houses and commercial units situated throughout the South East of Essex priding ourselves on client service and professional advice.

Notes

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Disclaimer - Property reference 116946. 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 Ayers & Cruiks, Southend. 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.

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