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68, High Street, Southend On Sea, Essex, SS1

£1,045,000

£171.73 per sq ft

Business rates & charges may apply

Sorrell Commercial, Southend-on-Sea
SIZE AVAILABLE

6,085 sq ft

565 sq m

SECTOR

High street retail property for sale

Key features

  • Rental Income £80,000 per annum exclusive
  • Prime Location
  • Total Area of 6,085 Sq Ft
  • Close to Southend Central Railway Station
  • Extensive Fit Out By Tenant

Description

The property has been let to Wendys on a 15 year lease from 01/04/2024 at a rent of £80,000 per annum with reviews at 31 March 2029 and 2034 (Tenant Break 2034). The ground floor consist of 4,110 sq ft and basement level of 1,975 sq ft. Let on a 999 year peppercorn rent. Extensive fit out undertaken by Tenant.

The premises are situated in a prominent location at the southern end of the High Street where footfall is high. Nearby occupiers include, Marks and Spencers, Yours Clothing, Shoezone, Lloyds Bank, Hays Travel, Boots, Waterstones, KFC, Taco Bell, McDonalds, Patisserie Valerie, Clarks, Primark, Superdrug, H&M and Greggs.







£1,045,000 for the long leasehold interest with a 999 year lease.

Each party to be responsible for their own legal costs.





Rental Income £80,000 per annum exclusive

Prime Location

Total Area of 6,085 Sq Ft

Close to Southend Central Railway Station

Extensive Fit Out By Tenant

Brochures

68, High Street, Southend On Sea, Essex, SS1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Southend Central Station0.1 miles
  • Southend Victoria Station0.4 miles
  • Southend East Station0.8 miles

About Sorrell Commercial, Southend-on-Sea

40 Clarence Street, Southend-On-Sea, SS1 1BD

Notes

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Disclaimer - Property reference 1209FH. 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 Sorrell Commercial, Southend-on-Sea. 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.

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