£375,000
Retail premises for saleLondon Road, Westcliff-On-Sea, Essex SS0
About this property
Retail (A1)
2427 Approx Sq Ft
Description:
A freehold, double fronted, retail outlet situated on the south side of the popular London Road (A13) Westcliff. Short stay roadside parking bays are available outside the premises. The freehold consists of 2 flats above sold off on leases.
Accommodation
The ground floor retail unit has been measured on a Net Internal (NIA) basis and the following approximate floor areas calculated:
Ground Floor: 1951 sq. Ft. (167 sq. Ms.)
Rear Store: Approx. 476 sq.ft. (44 sq. Ms.)
Income
The ground floor retail unit is currently occupied on a 20 year lease producing £18,750. Plus VAT per annum.
298a has 62 years remaining on their lease.
Features
• 3 Phase Power.
• Tenant in Occupation.
• Good Transport Links.
• Busy Main Road Location.
• Freehold.
• 2 x Flats Sold off on Leases
• Flat 298a has 63 Unexpired Years Remaining
Terms
The property is offered for freehold sale, subject to an asking price of £375,000. Plus VAT.
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 .
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 a Shop & Premises with an adopted rateable value of:
296 London Road £9,900.
298 London Road £10,750.
EPC
Awaiting receipt.
Legal Fees
Each party to bear their own.
Viewing Arrangements
Strictly via prior appointment with the sole selling agents, Dedman Gray Commercial.
A freehold, double fronted, retail outlet situated on the south side of the popular London Road (A13) Westcliff. Short stay roadside parking bays are available outside the premises. The freehold consists of 2 flats above sold off on leases.
Accommodation
The ground floor retail unit has been measured on a Net Internal (NIA) basis and the following approximate floor areas calculated:
Ground Floor: 1951 sq. Ft. (167 sq. Ms.)
Rear Store: Approx. 476 sq.ft. (44 sq. Ms.)
Income
The ground floor retail unit is currently occupied on a 20 year lease producing £18,750. Plus VAT per annum.
298a has 62 years remaining on their lease.
Features
• 3 Phase Power.
• Tenant in Occupation.
• Good Transport Links.
• Busy Main Road Location.
• Freehold.
• 2 x Flats Sold off on Leases
• Flat 298a has 63 Unexpired Years Remaining
Terms
The property is offered for freehold sale, subject to an asking price of £375,000. Plus VAT.
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 .
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 a Shop & Premises with an adopted rateable value of:
296 London Road £9,900.
298 London Road £10,750.
EPC
Awaiting receipt.
Legal Fees
Each party to bear their own.
Viewing Arrangements
Strictly via prior appointment with the sole selling agents, Dedman Gray Commercial.
Mortgage calculator
Monthly repayment
£1,875 per month
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