Unit 3, Beaumont Court, Victoria Road

Guide Price £180,000 - £200,000.

This is a rare opportunity to acquire the flying freehold investment in Unit 1 Beaumont Court, Victoria Avenue, Southend-on-Sea, currently let to Beauty by Laser. Located within a popular mixed-use development, the property benefits from strong local footfall and excellent transport links, making it an attractive commercial investment.

The premises are leased to Beauty by Laser, a well-established beauty and laser treatment operator. The lease began in November 2023, with the current rent set at £18,000pa (9% yield) per annum plus VAT, providing a secure and attractive income stream. The lease term is substantial, offering long-term security for the investor.

The sale includes the flying freehold interest, granting ownership of the premises above ground level, independent from the rest of the building. The unit is modern and well-presented, fitted out to a high standard by the tenant, and configured specifically for beauty use. The permitted use aligns with the current commercial use classes suitable for such operations.

Beaumont Court is a landmark 2018 development featuring contemporary architecture, concierge service, private gym, rooftop gardens, and secure parking. The location is within walking distance of Southend Victoria and Southend Central train stations, close to the town centre, seafront, and major road links (A127, A13), ensuring excellent accessibility.

Held on a long leasehold basis with approximately 191 years remaining, the property carries a modest ground rent and a service charge of £266.67 per month. The premises have a rateable value of £25,000, with business rates payable at approximately £12,500 per annum.

This investment offers a secure, long-term income with minimal management involvement, ideal for private investors, SIPP purchasers, or those seeking a hands-off commercial asset in a thriving Southend location.

For further details, or to arrange a viewing, please Oakheart Property.

Agents Note - This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.