Clifftown Road, Southend-On-SS1 1AB, Essex, SS1
£185.47 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
5,931 sq ft
551 sq m
- SECTOR
Land for sale
Key features
- Imposing Freehold Building
- Four Floors of Accommodation
- City Centre Location
- Opposite Southend Central Train Station
- Consented Scheme - 19 Student Units (Upper Floors)Potential For 3 Additional Units
- Basement & Ground Level Commercial Opportunity
- Projected Gross Income of approx £230,000 p.a. for 22 unit scheme, plus approx. £45,000 p.a. for commercial space.
Description
The building is located in a prominent position in Southend on Sea, just off the High Street in Clifftown Road and directly opposite Southend Central train station (Shoeburyness to London Fenchurch Street).
DESCRIPTION:
Imposing freehold opportunity in the heart of Southend Town Centre, directly opposite Southend Central Station. The property offers accommodation over basement, ground, first & second floors. Most recently the premises have operated as a bar and restaurant, but now has the benefit of a planning permission which would allow the top two floors to be converted to provide 19 student units, with the ground and basement levels being retained for commercial purposes.
It is understood that there is scope for an additional 3 units within the existing roof space and potential to switch to a HMO scheme (STP)
Accomodation
The consented scheme provides for the re-configuration of the ground floor space to create a fully self-contained commercial unit at ground and basement levels, with ancillary amenity space. It is understood that, once completed, the building will provide the following approx. Gross Internal (GIA) floor areas: Basement: 1,311 sq ft (121.87 sq ms) Ground: 1,606 sq ft (149.27 sq ms) First: 2,038 sq ft (189 sq ms) Second: 976 sq ft (90 sq ms)
Features
Imposing Freehold Building Four Floors of Accommodation City Centre Location Opposite Southend Central Train Station Consented Scheme - 19 Student Units (Upper Floors) Potential For 3 Additional Units in roof space Basement & Ground Level Commercial Opportunity Projected Gross Income of approx £230,000 p.a. for 22 unit scheme, plus approx. £45,000 p.a. for commercial space.
Redevelopment Opportunity
On 29th September 2022 our client obtained planning permission (Ref: 22/01097/FUL for the erection of an additional floor to existing building, to part demolish and re-model the existing building and to change the use of the extended building from retail (Class E) to bar at basement and ground floor level and Student Accommodation Units (Sui Generis) to first, second, third floors. Full details available on request.
Business Rates
The property appears on the 2023 rating list as ' Wine Bar & Premises' with an adopted rateable value of £20,750.
Terms
This freehold redevelopment opportunity is offered for freehold sale subject to an asking price of £1,100,000.
Further Information & Viewing Arrangements
Strictly via prior appointment with the sole selling agents, Dedman Gray Commercial. For further information or to arrange a viewing contact: Roy Horton T: E:
Brochures
Clifftown Road, Southend-On-SS1 1AB, Essex, SS1
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
Notes
Disclaimer - Property reference DCM230036. 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 Property Consultants Limited, Thorpe Bay. 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.