Retail premises for sale

Shop, 64, Broadway, Leigh-On-Sea SS9

Situated in the heart of Leigh-on-Sea, a sought-after coastal town in Essex, this property benefits from a vibrant high street atmosphere and a strong local community. The area is well-known for its eclectic mix of independent shops, popular cafés, traditional pubs, and high-quality restaurants, attracting both residents and visitors year-round. Excellent transport links, including close proximity to Leigh-on-Sea train station, provide direct and efficient access to London and surrounding areas, enhancing its appeal for commuters and investors alike. The property also benefits from 4 off street parking spaces.

Ground Floor Commercial Unit:
Comprises a main retail area, rear storage, kitchen, and W/C facilities
Currently let at £24,000 per annum until 2028
Established tenant with secure income stream

First Floor Residential Flat:
Self-contained and recently refurbished two-bedroom apartment
Let on a 12-month Assured Shorthold Tenancy (AST) at £1,295 per calendar month
Annual income of £15,540

Total Gross Income: £39,540 per annum

This is an excellent opportunity to acquire a well-located, income-generating asset in a high-demand area, with secure commercial and residential tenancies in place. Ideal for investors seeking long-term rental stability and strong capital growth prospects.