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Southchurch Road, Southend-On-Sea

£300,000

£466.56 per sq ft

Business rates & charges may apply

Hair & Son, Commercial
SIZE AVAILABLE

643 sq ft

60 sq m

SECTOR

High street retail property for sale

Key features

  • Freehold mixed commercial/residential investment opportunity
  • Mixed commercial/residential use

Description

Located within Southchurch Road, Southend-On-Sea, this freehold mixed commercial and residential investment opportunity presents a perfect opportunity for investors. The property features a ground floor retail space, currently operating as a charity shop, which benefits from a renewed five-year lease commencing in August 2026 (contracted within the Landlord & Tenant Act 1954). The lease guarantees a starting rent of £8,500 per annum, with a structured annual rent increase of £250, ensuring a steady income stream through to the lease's expiry in 2031. Please note that the roof has been replaced within the last 18 months by our client.

Above the retail unit, the first floor boasts a well-appointed two-bedroom flat, currently let under an Assured Shorthold Tenancy (AST) agreement. This flat generates an income of £850 per calendar month (£10,200 per annum).

This property not only offers a reliable return on investment through its dual income streams but also places you in a prime location within Southend-On-Sea, known for its bustling community and accessibility. Whether you are looking to expand your investment portfolio or seeking a property with both commercial and residential appeal, this opportunity on Southchurch Road is not to be missed.

Location: - Located along Southchurch Road, Southend-On-Sea between Ifracombe Road and Lovelace Gardens.

Addomodation: - 621 Southchurch Road (Residential Accommodation):

LOUNGE: 19'9" X 13'4"

BEDROOM 1: 13'3" X 12'5"

W/C

BATHROOM

KITCHEN: 8'2" X 6'11"

BEDROOM 2: 11'6" X 11'2"

623 Southchurch Road (Commercial Premises):

FRONT SALES AREA: 15'7" X 26'6"

STORAGE/OFFICE AREA: 13'4" X 11'4"

REAR STORAGE AREA: 7'4" X 11'6"

W/C

THE REAR GARDEN AREA HAS BEEN DEMISED TO THE COMMERCIAL TENANT.

Terms: - An asking price of £300,000 is required for our clients freehold interest in these premises.

Business Rates: - The April 2026 to present rateable value is: £9,500 rated at 43.2p in the pound. small business rates relief may be applicable.

The residential accommodation will be liable for Council Tax Band A.

Viewing Arrangements: - Prior viewing appointments via Hair & Son Limited (Commercial) - (Option 3).

Brochures

Southchurch Road, Southend-On-Sea

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Southend East Station0.1 miles
  • Southend Victoria Station0.9 miles
  • Southend Central Station0.9 miles

About Hair & Son, Commercial

200 London Road, Westcliff-On-Sea, SS1 1PJ

Hair & Son's Commercial Department is headed up by Diane Tait, Associate Partner in her 32nd year within the firm's Commercial Department. As a department, they have been serving commercial landlords and tenants in the borough for in excess of 40 years and boast a wealth of specialist knowledge in the Essex and East London market. The department provides agency support to Hair & Son's numerous management clients together with many other local and provincial landlords and tenants. The department originally specialised in South East Essex but it has grown over recent years and our geographical footprint covers the whole of the county and East London.

Notes

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Disclaimer - Property reference 35054305. 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 Hair & Son, 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.