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High street retail property for sale

London Road, Leigh-on-sea, SS9

£150,000

£222.55 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

674 sq ft

63 sq m

SECTOR

High street retail property for sale

Description

INVESTMENT RETAIL SHOP - LONDON ROAD, LEIGH-ON-SEA - This is an exceptional opportunity to acquire a prime retail shop investment located in a bustling area. The property comes with a reliable leaseholder already in place, ensuring a steady income stream from day one. The current tenant has a 5-year lease commencing 25th September 2023 at a current rent of £12,000 per annum exclusive, with a rent review on 25th September 2026. NOTE: Our client also owns the 2-bed flat above the shop and would be open to selling this also if a applicant was interested in acquiring the entire property. Don't miss out on this rare opportunity to secure a solid investment in a prime location. RX708150

Location

The premises is situated within an established parade of shops, benefitting from free lay-by parking to the front and along the road which the shop trades from. Other businesses within the parade include a beauty salon, removal company, various eateries and a convenience store.

Tenancy

The current tenant has a 5-year lease commencing 25th September 2023 at a current rent of £12,000 per annum exclusive, with a rent review on 25th September 2026.

Premises

A terraced retail shop with fascia board, glazed frontage and single glazed entrance door leading into the premises which measures approximately 720 sq. ft and is arranged as follows:



RETAIL ZONE A: 321 sq. ft.



RETAIL ZONE B: 300 sq. ft.



RETAIL ZONE C: 19 sq. ft.



INTERNAL STORAGE: 80 sq. ft.



NOTE: Our client also owns the 2-bed flat above the shop and would be open to selling this also if a applicant was interested in acquiring the entire property. 



Don't miss out on this rare opportunity to secure a solid investment in a prime location.

Tenure

The property is availabale either on a long lease (Virtual Freehold) or with the freehold of the first floor flat under separate agreement.



The property is availabale to purchase as a whole.

Business Rates

The premises is subject to a rateable value of £8,300 resulting in zero business rates payable, should small business rate relief apply to a tenant.

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction.

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.

London Road, Leigh-on-sea, SS9

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leigh-on-Sea Station0.5 miles
  • Chalkwell Station1.6 miles
  • Westcliff Station2.4 miles

About Gilbert and Rose Commercial, Essex Commercial

1333-1335 London Road, Leigh-On-Sea, SS9 2AD

Gilbert & Rose Business Transfer and Commercial Property Sales and Lettings

Gilbert & Rose is a respected and well-established name in the real estate industry, renowned for our expertise in Residential Sales and Lettings. Building on our success in this area, we have expanded our services to encompass business transfer and commercial property sales and lettings. As part of this strategic expansion, we have recently partnered with Bradleys Countrywide Limited, a highly regarded company with over sixty years of experience in commercial business transfer within Essex, Hertfordshire, and Suffolk.

By combining our strengths and leveraging the extensive knowledge and database of our merger partner, we possess unparalleled access to comparable evidence. This enables us to provide accurate valuations and deliver successful business sales for our clients. Our marketing approach is comprehensive and innovative, utilizing a range of powerful tools such as video marketing, professional photography (including drone shots), and virtual tours. We conduct extensive marketing and advertising campaigns, leveraging the reach of the largest business and residential property websites, alongside our own constantly updated platform. We understand the importance of maintaining confidentiality in certain cases, and we offer tailored advertising solutions to meet the specific requirements of our clients.

At Gilbert & Rose, transparency is at the heart of everything we do. Our fees are competitive and transparent, with no hidden charges, and payment is only required upon the successful completion of a transaction. We take pride in providing expert advice and guidance to our clients, whether they are ready to sell or simply seeking information. Our dedicated team is committed to exploring the best options available to suit your individual needs, ensuring that you can make well-informed decisions throughout the process.

Whether you are looking to buy, sell, or lease a property, we invite you to contact us for any further information you may require. At Gilbert & Rose, our commitment to delivering exceptional service is unwavering. We are here to assist you every step of the way on your real estate journey. Get in touch with us today and let us help you achieve your goals with confidence and success.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference RX708150. 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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