168 / 168a / 170 / 172 Leigh Road, Leigh-on-Sea, Essex, SS9 1BT
- PROPERTY TYPE
Mixed Use
- SIZE
Ask agent
Description
Livestreamed via the Hair & Son website.
Bidding available by telephone, proxy and online.
TENANTED MIXED USE INVESTMENT
A mixed used Freehold investment located in central Leigh on Sea on the south side of Leigh Road. Currently producing a combined rental income of £24,500 per annum the commercial units are let to Havens Hospices and the local Member of Parliament. The flat above is sold on a long lease at a current ground rent of £200 pa.
RENT RESERVED
168 - We are informed that this unit is currently let at a rate of £12,500 pa
170 / 172 - We are informed that these units are currently let at a combined rate of £12,000 pa
NB
168A has been sold on a long lease at a ground rent of £200 per annum
VALUATION OFFICE AGENCY
The VOA currently have the commercial units listed as: Shop and Premises.
168 - Net Internal Area of 45.7 sq. m. ( approx 491 sq. ft. )
170 - Net Internal Area of 54.1 sq. m. ( approx 582 sq. ft. )
Please visit their website for full details and to see the current rateable values
Freehold
We have been informed that repointing is required to the rear of the premises and a quotation of £7,000 has been obtained. Section 20 Notice(s) have not yet been issued.
Tenancy
168 - A term of 5 years from Jan 2025
170 / 172 - A term of 10 years from Aug 2021
168 - C / 168A - C / 170-172 - C
Brochures
Legal Documents168 / 168a / 170 / 172 Leigh Road, Leigh-on-Sea, Essex, SS9 1BT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chalkwell Station0.4 miles
- Leigh-on-Sea Station1.1 miles
- Westcliff Station1.2 miles
About Hair & Son, Southend-On-Sea, Auctions
186 London Road, Southend-On-Sea, SS1 1PJ
Notes
Disclaimer - Property reference 288615. 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 Hair & Son, Southend-On-Sea, Auctions. 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 Hair & Son, Southend-On-Sea, Auctions on 01700 800116.
*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.”
Map data ©OpenStreetMap contributors.