Broadway West, Leigh On Sea

Hair and Son are delighted to offer this mixed commercial/residential freehold investment in a popular and much sought after trading position of central Leigh-On-Sea, Essex.

The property is located in Broadway West, opposite Leigh Gardens and Leigh Library. It comprises of a corner retail unit which is let as a children's play centre and café and been extensively refurbished by the existing tenants to provide attractive accommodation.

There is a vacant 2 bed flat over which is ideal for the letting market and is not subject to the commercial tenancy of the ground floor.

The ground floor is let on a lease for a term of 7 years from April 2025 expiring in April 2032 at a rent passing of £17,500.00 per annum exclusive.

PRODUCING £17,500 + POTENTIAL INCOME FROM THE FLAT OVER.

Full Description - A retail commercial investment with a vacant self contained flat over in Central Leigh-On-Sea.

Accommodation - The ground floor commercial premises with a gross internal floor area of 963 SQ.FT.

The retail premises is let on a lease expiring in April 2032 at a passing rent of £17,500.00 per annum.

The flat over comprises 2 double bedrooms, lounge, bathroom and kitchen.

Location - The property occupies a corner position on the north side of Broadway West, opposite Leigh Library.

Amenities - Central Leigh location opposite Leigh Library.

On street parking outside (2 hours) and two municipal car parks within walking distance.

Services - Mains electricity and water.

Terms - Freehold offers in the region of £485,000 are required for our client's freehold interest in these premises with the benefit of the rental income from the ground floor and vacant possession of the flat over.

Viewing - By prior telephone appointment via Hair & Son Commercial: (Option 3).

Rates - The commercial tenant is responsible for payment of business rates. The April 2026 onwards rateable value is £14,250 which is chargeable at 49.6p. for the rating year.

The flat is Council Tax Band 'A'.

Vat - The property is not VAT elected.

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

Service Charge - Not appliable

Parking Notes - On street parking to the front (2 hours). Municipal car parks in Elm road and North Street close by.