626/630 Southchurch Road

LOCATION
Located on the South side of Southchurch Road between the roads of Surbiton Avenue and Lovelace Avenue, Southend-On-Sea, Essex.

DESCRIPTION
The premises comprises of ground floor commercial space (to be sold with vacant possession) and 4 x flats sold off on long leaseholds providing a ground rent income as well as additional income of £500 Per Annum for the on site sub-station as well as rear carpark accessed via Surbiton Avenue.

ACCOMMODATION
GROUND FLOOR COMMERCIAL:
MAIN SALES AREA: 36'8" X 27'4"
ADDITIONAL SALES AREA: 32'3" X 16'3"
STOCK AREA: 13'6" X 14'8"
OFFICE: 8'7" X 8'2"
REAR STORAGE/STOCK AREA: 15'7" X 24'5"
EXTERNAL W/C'S

GROSS INTERNAL FLOOR AREA: 2,309 SQ.FT (214.6 SQ.M)

SUBSTATION - 15 YEAR TERM FROM MARCH 2025 - PRODUCING AN INCOME OF £500 Per Annum

FLATS:

626A (FLAT & PARKING SPACE) - A LEASE EXTENSION HAS JUST BEEN AGREED TO EXTEND BY AN ADDITIONAL 90 YEARS ON THE BASIS OF A PEPPERCORN GROUND RENT.

626B (FLAT & PARKING SPACE) - 99 YEAR LEASE FROM JULY 1985 (59 YEARS REMAINING) - GROUND RENT PAYABLE: (£50 PER ANNUM PAYABLE FOR 30 YEARS, INCREASING TO £120 PER ANNUM FOR THE FOLLOWING 30 YEARS & £180 PER ANNUM FOR THE REMAINING 30 YEARS)

626C (FLAT & PARKING SPACE) - A LEASE EXTENSION HAS BEEN COMPLETED AND EXTENDED BY AN ADDITIONAL 90 YEARS - EXPIRING JUNE 2174, ON THE BASIS OF A PEPPERCORN GROUND RENT.

626D (FLAT & PARKING SPACE) - 99 YEAR LEASE FROM JULY 1985 (59 YEARS REMAINING) - GROUND RENT PAYABLE: (£50 PER ANNUM PAYABLE FOR 30 YEARS, INCREASING TO £120 PER ANNUM FOR THE FOLLOWING 30 YEARS & £180 PER ANNUM FOR THE REMAINING 30 YEARS)

SERVICES
Mains, electricity & water.

TERMS
An asking price of £485,000 for our clients freehold interest in these premises.

OUTGOINGS
The ground floor is rated as a retail premises. The rateable value from April 2026 is £27,250.

LEGAL COSTS
Each party is to be responsible for their own legal fees.

PARKING NOTES
Parking located to the rear via Surbiton Avenue.

PLANNING
Class E (Commercial Only).

VIEWING
By prior telephone appointment via Hair & Son Commercial: (Opt. 3)