High Street, Southend-on-Sea, Essex, SS1

Property

All measurements are approximate and were measured on a gross internal basis: Ground Floor: Approx. 2,979 sq.ft. including shower rooms, WC's, store & power rooms. Exit to refuse area and additional store 451 sq.ft. Basement: Approx. 2,498 sq.ft. including plant & staff rooms.

Features

Prominent/Visible Corner Location Facing Victoria Shopping Centre Approx. 5,928 Sq.Ft. Overall Suit Many Alternative Uses Busy Location Close Southend Seafront Close Local Car Parks

Tenure

Freehold or with the benefit of a new FR&I lease on terms to be agreed, at a rent of £30,000 for the 1st year and £55,000pa thereafter. (The freehold is available at £750,000, & is subject to two 999 year leases of the residential upper parts). Full vacant possession available of the ground floor & basement.

VAT

The property was elected to tax, and therefore all prices and rents are subject to VAT.

Business Rates

The property is entered on the most recent rating list with a rateable value of £53,500, and with rates payable of approx. £27,000pa.

Legal Fees

The tenant/purchaser shall be responsible for the landlords/freeholders legal fees up to a maximum of£3,500 + VAT, whether or not the letting/sale completes.