(UNDER OFFER) HIGH STREET SOUTHEND, FORMER GYM IN APPROX. 5,928 SQ.FT.

Property Description

The property occupies a bold corner position with an impressive glazed frontage to two elevations. Ground floor approx. 2,979 sq.ft. with a basement approx. 2,498 sq.ft. Ground floor store 451 sq.ft. Suitable for a variety of alternative uses. Full vacant possession available of the ground floor & basement.

Property
All measurements are approximate and were measured on a gross internal basis:
Ground Floor: Approx. 2,979 sq.ft. including shower rooms, WC's, store & power rooms. Exit to refuse area and additional store 451 sq.ft.
Basement: Approx. 2,498 sq.ft. including plant & staff rooms.

Features
Prominent/Visible Corner Location
Facing Victoria Shopping Centre
Approx. 5,928 Sq.Ft. Overall
Suit Many Alternative Uses
Busy Location Close Southend Seafront
Close Local Car Parks

Tenure
Freehold or with the benefit of a new FR&I lease on terms to be agreed, at a rent of £30,000 for the 1st year and £55,000pa thereafter. (The freehold is available at £750,000, & is subject to two 999 year leases of the residential upper parts). Full vacant possession available of the ground floor & basement.

VAT
The property was elected to tax, and therefore all prices and rents are subject to VAT.

Business Rates
The property is entered on the most recent rating list with a rateable value of £53,500, and with rates payable of approx. £27,000pa.

Legal Fees
The tenant/purchaser shall be responsible for the landlords/freeholders legal fees up to a maximum of£3,500 + VAT, whether or not the letting/sale completes.