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

£595,000

£770.73 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 £595,000

Description

Situated in the heart of Leigh-on-Sea, a sought-after coastal town in Essex, this property benefits from a vibrant high street atmosphere and a strong local community. The area is well-known for its eclectic mix of independent shops, popular cafés, traditional pubs, and high-quality restaurants, attracting both residents and visitors year-round. Excellent transport links, including close proximity to Leigh-on-Sea train station, provide direct and efficient access to London and surrounding areas, enhancing its appeal for commuters and investors alike. The property also benefits from 4 off street parking spaces.

Ground Floor Commercial Unit:
Comprises a main retail area, rear storage, kitchen, and W/C facilities
Currently let at £24,000 per annum until 2028
Established tenant with secure income stream

First Floor Residential Flat:
Self-contained and recently refurbished two-bedroom apartment
Let on a 12-month Assured Shorthold Tenancy (AST) at £1,295 per calendar month
Annual income of £15,540

Total Gross Income: £39,540 per annum

This is an excellent opportunity to acquire a well-located, income-generating asset in a high-demand area, with secure commercial and residential tenancies in place. Ideal for investors seeking long-term rental stability and strong capital growth prospects.

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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