FOR SALE - FREEHOLD - TOTAL 2,425 SQ. FT BASEMENT, GROUND, FIRST FLOOR.

Property Description

A freehold four storey building situated adjacent to Southend High Street and opposite Southend Central Railway station providing direct access to London Fenchurch Street. The property comprises of a large refurbished basement 1283 sq ft. (part leasehold) ground floor office 665 sq. ft. first floor 426 sq. ft formerly used as a flat but requires refurbishment and a second floor store room.

Accommodation    All floor areas are approximate and have been measured on a net internal basis (NIA).
Basement Office: 1280 sq. ft.
Ground Floor Retail: 665 sq. ft.
First Floor Office: 426 sq. ft
Second Floor Internal Storage: 54 sq. ft.

Features    Investment Sale
Suit Variety of Uses
Air Conditioning
Good Transport Links
Adjacent to Southend High Street
Freehold

Terms    Freehold Sale - offers in the region of £355,000. (Plus VAT if applicable).

Tenure    The premises is currently occupied a tenant who is paying 24k per annum for a terms of years from and including 1st December 2019 to and to include 30th November 2026. Two flats have been sold off on long leases each providing a ground rent of £200 per annum.

Energy Performance Certificate (EPC)    We are advised that the property has an Energy Performance Certificate (EPC) rating of E-115, valid until 30th September 2024.

Business Rates    The basement is entered on the 2023 rating list as Office and Premises with a current rateable value of £2,225. The ground floor retail space has an adopted rateable value of £12,250. and the first floor office with second floor internal storage has a rateable value of £5,100. Interested parties are recommended to make their own enquiries with the Local Planning Authority (Southend on Sea City Council) to ensure that any proposed use is in accordance with the current planning policy.

Legal Costs    Each party to be responsible for their own.

Viewing    By prior appointment with the Sole Selling Agents, Dedman Gray Commercial. Contact Matt Parsons on 01702 311143 for more details.