93 Broadway, Leigh-on-Sea, Essex, SS9 1PG
- PROPERTY TYPE
Mixed Use
- BEDROOMS
2
- SIZE
Ask agent
Key features
- Freehold
- By appointment with the auctioneers
Description
MIXED USE INVESTMENT: A FREEHOLD COMMERCIAL INVESTMENT OVER THREE FLOORS ( INCLUDING A BASEMENT ) WITH A VACANT TWO BEDROOM DUPLEX APARTMENT ABOVE
Occupying a prominent corner position on the ever-popular Leigh Broadway this striking property is arranged over four floors ( plus a basement ). The property is arranged to provide a basement bar / private function area with main dining area and bar at ground floor level. The restaurant kitchen and customer toilets are to be found on the first floor. A self -contained two bedroom duplex apartment is located on the upper floors from which there are estuary glimpses
The premises have been measured on a Net Internal (NIA) basis and the following approximate floor areas calculated as follows:
Basement - 288 sq ft (26.80 sq ms)
Ground Floor - 946 sq ft (87.90 sq ms)
First Floor - 702 sq ft (65.23 sq ms)
Apartment - 2 Beds Unmeasured
1. We are advised that the property is not elected for VAT
2. The property appears on the 2023 Rating List as Shop & Premises with an adopted rateable value of £28,000
The basement, ground and first floor restaurant are let by virtue of a 10-year lease commencing June 2023, subject to a current passing rent of £29,500 per annum subject to a 5 year rent review
Features Include:
Freehold Commercial Investment
Established Restaurant
2 Bed Duplex Apartment Offered with Vacant Possession
Prominent Corner Position
On Street Parking
Thriving Commercial Area
Upper Floor Estuary Glimpses
Good Public Transport Links
Leigh-on-Sea Station (London Fenchurch Street Line)
Apartment - D
Commercial Unit - T.B.C. ( being updated )
93 Broadway, Leigh-on-Sea, Essex, SS9 1PG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chalkwell Station0.6 miles
- Leigh-on-Sea Station0.8 miles
- Westcliff Station1.4 miles
About the agent
Dedman Gray Auction, Essex
103 The Broadway, Thorpe Bay, Essex, SS1 3HQ
Dedman Gray Auction Ltd are based in Thorpe Bay in Southend on Sea, Essex and are firmly established as one of the top 20 UK national auctioneers, holding regular land and property auctions.
Buying or selling land and property at auction is ideal if you wish to remove the uncertainties of the normal selling process. A sale by public auction demonstrates the best possible price has been obtained taking into consideration market conditions and the position and repair of the property. Dedm
Industry affiliations
Notes
Disclaimer - Property reference 215570. 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 Auction, 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 Auction, 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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