Southend Road, Rochford, SS4
£220.26 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,724 sq ft
253 sq m
- SECTOR
Commercial property for sale
Description
Property Summary:
Retail shop unit which measures approximately 691 sq. ft. currently trading as a fish & chip shop, let on a 20 year lease at £13,200 per annum.
3-Bedroom Maisonette arranged to provide a large lounge, 3 x double bedrooms, kitchen and a bathroom, currently let at £950 pcm.
2-Bedroom Flat arranged to provide lounge, kitchen, bathroom, 2 double bedrooms with the main bedroom having an ensuite bathroom and the entire flat finished to a very high specification, currently let at £1,300 pcm.
External: Two garages, each let at £200 pcm
Total Current Rental Income:
£45,000 per annum
This well-maintained property provides a solid return with established tenants already in place. The recently refurbished flat enhances the overall appeal and long-term investment value.
Key Features:
Fully let and income-producing
Mix of residential and commercial tenancies
High-spec renovation in one of the flats
Sought-after Rochford location with excellent visibility and access
Ideal for investors seeking a turnkey opportunity with immediate rental income and strong growth potential.
We feel there is also potential for the property to be converted or redeveloped subject to planning, either converting the property into an Airbnb or HMO, alternatively looking into developing the property into a block of flats.
Contact us today to arrange a viewing or for further details. OUR REF: RX294243
Location
The property is located on the corner plot of an established parade of shops, within close proximity to Southend Airport, providing great transport links with a bus stop and being only 0.8 miles from Rochford train station, which is a mainline London Liverpool Street line station.
Legal Costs
Each party are to be responsible for their own legal costs incurred in the transaction.
Business Rates
The shop is subject to a rateable value of £4,250 resulting in zero businesses rates payable, should small business rate relief apply to a tenant.
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.
Agents Note
The Vendor has had plans drawn up to convert the property into 13 individual Bed HMO. We do not believe that these plans were admitted for planning with the relevant council.
Southend Road, Rochford, SS4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Southend Airport Station0.5 miles
- Rochford Station0.4 miles
- Prittlewell Station1.8 miles
Notes
Disclaimer - Property reference RX294243. 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 Gilbert and Rose Commercial, Essex Commercial. 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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