Unit 3, Beaumont Court, 61-71 Victoria Avenue, Southend-on-Sea, SS2 6EB
£160.94 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
932 sq ft
87 sq m
- SECTOR
Commercial property for sale
Key features
- Virtual Freehold Investment
- Producing Income Of £15,000PA
- Yield 10% On Asking Price
- Impressive Glazed Frontage
- Ground Floor Of Beaumont Court
- With 286 Apartments Above!
Description
A virtual freehold investment opportunity to be let with an income of £15,000pa (10% yield on the asking price). In Approx. 932 sq.ft. and on the London bound side of Victoria Avenue, which has been the subject of considerable development with a number of the Office towers having been converted to quality apartments.
Viewings
All arrangements to view are via Gerard Biagioni of Dedman Gray Property Consultants on .
Income
The property is let by way of a 'RICS Small Business Retail Lease' for a term of 7 years from the 11th August 2025, producing a rental income of £15,000pa + VAT.
Tenure
The property is available by way of a lease for a term of 191 years (virtual freehold) with a ground rent payable of £350pa. The service charge estimate for the current year is £148.57p per month plus VAT.
Brochures
Unit 3, Beaumont Court, 61-71 Victoria Avenue, Southend-on-Sea, SS2 6EB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Southend Victoria Station0.3 miles
- Prittlewell Station0.5 miles
- Southend Central Station0.6 miles
Notes
Disclaimer - Property reference 373370-1. 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 Property Consultants Limited, Thorpe Bay. 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.