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Suite, 1 Old Leigh Road, Leigh-on-Sea SS9 1LB

POA
Ayers & Cruiks, Southend
SIZE AVAILABLE

2,286 sq ft

212 sq m

SECTOR

Mixed use property for sale

Key features

  • Freehold For Commercial/Residential
  • Dentist Surgery & Two Flats - One let
  • Potential to Generate £54,000 Per Annum
  • Freehold For Sale
  • Freehold Offers Invited

Description

This statement property is on the corner of Old Leigh Road and Leigh Road overlooking Chalkwell Park.
For many years the ground floor has been used as a dental practice, having been let in 2022 to One Clinic.

The first-floor self contained flat is let on an AST and is substantial in size and benefitting views over the park.

The second-floor self contained flat is one bedroom and overlooking the park and with estuary views, this flat has been kept vacant for the sale of the property but could readily let and command £1,100 per month.

There are gardens to the front and side. There is Parking for the Second floor flat. The detached garage is for the first floor flat.

In 2023 the ground floor was refurbished by the current tenants and now provides an array of medical services in addition to dentistry.

ACCOMMODATION
Ground Floor Total Approx Area -945 sq.ft (88 sq.m) net internal

Large open plan reception/pharmacy dispensing counter. Four treatment rooms, staff room, disabled and able-bodied w/c facilities Door to rear parking area.

First Floor Flat Total Approx Area – 923 sq.ft (85.75 sq.m) net internal

Two Bedroom flat with separate lounge, kitchen and bathroom. Balcony reaching far views of Chalkwall Park.

Second Floor Flat Total Approx Area – 418 sq.ft (38.90 sq.m) net internal

One bedroom flat with separate lounge, kitchen and bathroom. Beautiful views over Chalkwell Park and the Estuary.

Exterior

Parking for 4 vehicles from Leigh Road. Detached pitched roof garage with parking space Infront. Gardens to front and side.

TENANCIES
Ground Floor - Dental Surgery
Let to Mr Daanish Chattaroo and Dr Beena Khan on a full repairing insuring lease for a term of 15 years commencing 1st January 2023
Tenant only option to terminate the lease on the 10th anniversary, providing 6 months prior notice.
Rent reviews at 5 yearly intervals.
Passing rent £26,000 pax

First Floor Flat
Let on an AST tenancy for a term expiring 19th June 2026
Rent £1,350 Pcm

Second Floor Flat - Vacant
The flat previously produced £12K per Annum

Total Income
£42,200 pax with potential to increase to in excess of £54,000.

 

Brochures

Suite, 1 Old Leigh Road, Leigh-on-Sea SS9 1LB

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chalkwell Station0.4 miles
  • Westcliff Station0.9 miles
  • Leigh-on-Sea 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.

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