105-107 West Road, Shoeburyness, Southend-on-Sea, Essex, SS3 9DT
- PROPERTY TYPE
Mixed Use
- SIZE
Ask agent
Key features
- Freehold
- Strictly by appointment with the Auctioneers
Description
MIXED USE INVESTMENT : RETAIL SHOP WITH FIVE FLATS ALL LET PRODUCING AN INCOME OF £101,920 PER ANNUM GIVING A YIELD OF OVER 10% OF THE GUIDE PRICE
A freehold, double fronted, terraced building comprising a retail shop with five flats above all currently let producing an income of £101,920 per annum. The property is situated on a popular shopping parade and within walking distance to Shoebury Railway Station offering direct access to London Fenchurch Street.
The ground floor retail unit has been measured on a Net Internal Area (NIA) basis and the following approximate floor areas calculated:
The ground floor retail unit is currently occupied on a
lease producing £25,000 per annum
Flat 1 £1,080 p/c/m
Flat 2 £1,350 p/c/m
Flat 3 £1,100 p/c/m
Flat 4 £1,450 p/c/m
Flat 5 £1,430 p/c/m
We have been advised that the property has been elected for VAT
For all tenancy agreements please refer to the legal pack.
105 West Road Commericial Unit - B
Flat 1 105 West Road - C
Flat 2 105 West Road - C
Flat 3 105 West Road - C
Flat 4 105 West Road - C
Flat 5 105 West Road - C
Brochures
Legal Documents105-107 West Road, Shoeburyness, Southend-on-Sea, Essex, SS3 9DT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shoeburyness Station0.7 miles
- Thorpe Bay Station0.9 miles
- Southend East Station2.2 miles
Notes
Disclaimer - Property reference 316087. 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 Dedman Gray Auctions, Essex. 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 Dedman Gray Auctions, Essex on 01702 311010.
*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.”
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