West Road, Shoeburyness, Southend-on-Sea, Essex, SS3
£1,050,000
Guide price
Guide price
DESCRIPTION:
A tenanted, freehold, double fronted, terraced building situated on a popular shopping parade and within walking distance to Shoebury Railway Station offering direct access to London Fenchurch Street.
Accommodation The ground floor retail unit has been measured on a Net Internal (NIA) basis and the following approximate floor areas calculated:
Ground Floor: 1800 sq. ft. (167 sq. ms.)
1 x Studio Apartment
2 x 1 Bed Apartments
2 x 2 Bed Apartments
Income The ground floor retail unit is currently occupied on a 5 year lease producing £20,000. per annum.
The apartments currently produce £70,200
Total = £90,200 per annum.
Features • 5 x Newly Refurbished Apartments.
• Fully Tenanted.
• Good Transport Links.
• Approximately 1800sq. ft. Retail Unit.
• Freehold.
• 8.5% Yield.
Terms The property is offered for freehold sale, subject to an asking price of £1,050,000. (plus VAT if applicable)
Planning Interested parties are recommended to make their own enquiries with the Local Planning Authority to ensure that any proposed us is in accordance with the current planning policy. Telephone Southend Borough Council on 01702 215378
Services We understand that the property benefits from all mains services but interested parties are advised to make their own enquiries to ensure their presence and adequacy.
Business Rates The property appears on the 2023 Rating List as Offices & Premises with an adopted rateable value of £15,000.
EPC The property has an Energy Performance Certificate (EPC) rating of B-36, valid until 17th July 2034.
Legal Fees The property has an Energy Performance Certificate (EPC) rating of B-36, valid until 17th July 2034.
Viewing Please contact Matt Parsons
1702 311143 / 07766 736546
matt@dedmangray.co.uk
A tenanted, freehold, double fronted, terraced building situated on a popular shopping parade and within walking distance to Shoebury Railway Station offering direct access to London Fenchurch Street.
Accommodation The ground floor retail unit has been measured on a Net Internal (NIA) basis and the following approximate floor areas calculated:
Ground Floor: 1800 sq. ft. (167 sq. ms.)
1 x Studio Apartment
2 x 1 Bed Apartments
2 x 2 Bed Apartments
Income The ground floor retail unit is currently occupied on a 5 year lease producing £20,000. per annum.
The apartments currently produce £70,200
Total = £90,200 per annum.
Features • 5 x Newly Refurbished Apartments.
• Fully Tenanted.
• Good Transport Links.
• Approximately 1800sq. ft. Retail Unit.
• Freehold.
• 8.5% Yield.
Terms The property is offered for freehold sale, subject to an asking price of £1,050,000. (plus VAT if applicable)
Planning Interested parties are recommended to make their own enquiries with the Local Planning Authority to ensure that any proposed us is in accordance with the current planning policy. Telephone Southend Borough Council on 01702 215378
Services We understand that the property benefits from all mains services but interested parties are advised to make their own enquiries to ensure their presence and adequacy.
Business Rates The property appears on the 2023 Rating List as Offices & Premises with an adopted rateable value of £15,000.
EPC The property has an Energy Performance Certificate (EPC) rating of B-36, valid until 17th July 2034.
Legal Fees The property has an Energy Performance Certificate (EPC) rating of B-36, valid until 17th July 2034.
Viewing Please contact Matt Parsons
1702 311143 / 07766 736546
matt@dedmangray.co.uk
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