88 West Road, Shoeburyness, Essex, SS3 9DS
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Freehold
- By appointment with the auctioneers
Description
COMMERCIAL INVESTMENT: A FREEHOLD BUILDING INCLUDING A GROUND FLOOR RETAIL UNIT CURRENTLY LET ON A FIVE YEAR LEASE IN A BUSY SHOPPING PARADE
A freehold terraced building that includes the ground floor retail shop with flat above that has been sold off on a long leasehold. The shop has been let on a five year lease for £6,760 per annum with yearly rent rises of £200. Conveniently located in West Road , you are within walking distance to transport links, amenities and local shops with other users including the CO-OP who have a double fronted shop opposite,
The total square footage is 690 Sq.ft (64.1 m)
Measurements taken from VOA
Dedman Gray Auctions have not inspected the property at the time of printing the catalogue
The shop is let on a 5 year lease from 27th August 2021 at a rate of £6,760 per annum with annual rental increases of £200.
The flat has been sold on a long lease of 125 years from 25th December 2002
We are advised that the ground rent is £100 for the 1st 25 years ,then increasing £100 every 25 years
E
Brochures
Legal Documents88 West Road, Shoeburyness, Essex, SS3 9DS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shoeburyness Station0.6 miles
- Thorpe Bay Station1.0 miles
- Southend East Station2.2 miles
Notes
Disclaimer - Property reference 165308. 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 Auctions, Essex. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Dedman Gray Auctions, Essex on 01702 311010.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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