*Guide | £210,000+ (plus fees)
- Mixed Use
- 4 Bedrooms
Call the team on 020 7625 9007 for more information
A Freehold Mixed Use Investment Producing £9,000 Per Annum
The property comprises a mid terrace building arranged to provide a ground floor shop trading as a takeaway restaurant (A5 use) and a first floor four room flat.
Location
The property is well located in Queens Road close to the City Centre and the University. The open spaces of Southend Cliff Gardens are within easy reach. Transport links are provided by Southend Central rail station.
Accommodation
Ground Floor Shop Shop Area Kitchen Stores Preparation Area WC First Floor Flat Four Rooms Bathroom Separate WC GIA Approx 147.40 sq m (1,596 sq ft)
Tenancy
The entire property is subject to an FRI lease for a term of 20 years commencing 5th May 2007 at a rent of £9,000 per annum. The upward only rent reviews for May 2017 and May 2022 are outstanding.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
