Broadway West, Leigh On Sea

We are delighted to offer this retail investment located in a popular trading location in central Leigh on Sea.

The premises comprise a single storey double fronted retail unit (ClassE) located within a walkway between Broadway West and Rectory Grove. They are occupied by the Salvation Army who trade as charity shop, having been in that location for many years. The current lease is for a term of 10 years expiring on the 14th September 2028. The rent passing is £8,300 per annum exclusive. and the lease is within the security of tenure provisions of the Landlord and Tenant Act 1954

EPC rating D-88

Full Description - A tenanted double fronted lock up shop in Central Leigh on Sea

Accommodation - Main sales area: 7.62m x 4.53m ( 34.06 sq.m.)

Kitchen: 2.38mx 1.03m
Storage/ancillary: 2.98m x 4.53m less 0.8m x 4.53m
W/C: 2.36m x 1.03m

Location - The premises is located within a walkway between Broadway West and Rectory Grove in Central Leigh on Sea

Amenities - Central Leigh location. Close to Leigh Gardens and Leigh on Sea Library

Services - Main electricity and water

Terms - £145,000 is required for our client's freehold interest in these premises with the benefit of the tenancy in place producing £8,300 per annum.

Viewing - By prior telephone appointment

Rates - The rateable value is £7,600 which is chargeable at 49.6p. in the pound for the rating year to April 2026.
Small business rate relief may apply.

NB - the tenant is responsible for payment of business rates, although as a charity they are likely to be exempt.

Vat - The property is not VAT elected

Legal Costs - Each party to be responsible for their own legal costs

Service Charge - Not applicable

Parking Notes - On street parking close by in Broadway West and Rectory Grove (2 hours). Municipal car parks in Elm Road and North Street within walking distance

Planning - Class E