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Shop, 64 Broadway, Leigh-on-Sea SS9 1AE

£635,000

£822.54 per sq ft

Business rates & charges may apply

Ayers & Cruiks, Southend
SIZE AVAILABLE

772 sq ft

72 sq m

SECTOR

High street retail property for sale

Key features

  • Investment Opportunity
  • Currently producing £39,540 per annum
  • Ground Floor Retail Area & 2 Bed Flat
  • Heavy Footfall & Vehicular Traffic
  • Offers In Excess Of £635,000

Description

This investment is situated in Leigh-on-Sea, a popular coastal town in Essex, known for its vibrant high street and strong community atmosphere. The area is renowned for its independent shops, cafes, pubs, and restaurants, creating a lively and welcoming environment. Additionally, the property benefits from being in close proximity to Leigh-on-Sea train station, offering quick and easy access to London and the surrounding areas.

The investment comprises of a main ground floor retail area with rear storage, a kitchen area and w/c facilities currently producing £24,000 per annum until 2028.

The first floor comprises a refurbished, self-contained two-bedroom flat, currently let on a 12 month AST, generating a rental income of £1,295 per calendar month.

Therefore overall income of £39,540 per annum.

Brochures

Shop, 64 Broadway, Leigh-on-Sea SS9 1AE

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chalkwell Station0.5 miles
  • Leigh-on-Sea Station0.8 miles
  • Westcliff Station1.4 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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