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16 Queens Road, Southend-on-Sea, Essex SS1 1LU

£325,000 Auction guide price

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Key features

Ref: 18844

Type: Retail

16 Queens Road, Southend-on-Sea, Essex SS1 1LU

£325,000 Auction guide price

ACCOMMODATION:

FLAT A:

Open-Plan Lounge / Kitchen / Bedroom:

Bathroom / WC

FLAT B:

Lounge

Kitchen

Bedroom One

Bedroom Two

Bathroom / WC

COMMERCIAL UNITS

Units 1 & 2 - Watchmaker and Jeweller

Unit 3 - Feet First

Unit 4 - Rear Offices with Kitchen:

Toilet Facilities:
Mens and Womens toilets are located on the First Floor of the building

TENURE:
Freehold

TENANCY:
We are informed that the current tenancies are in place:

Units 1 & 2 (Combined):
12 year lease commending 25th September 2015

Unit 3:
10 year lease commending 16th December 2015 (now Holding Over)

Flat B:
Currently Let

ENERGY PERFORMANCE RATING:
Units 1 & 2 - C / Unit 3 - C / Rear Office - D / 16A - C / 16B - C

AGENTS NOTE:
We understand that a proportion of the rents contribute towards the cost of Gas, Electricity, Water etc. Please refer to the legal pack for full details

RENT RESERVED:
Units 1 & 2 (combined): £12,000 per annum

Unit 3: £5.040 per annum

Flat B (2 Bed): £10,800 pr annum

POTENTIAL INCOME FROM VACANT UNITS:
We believe the current rental value of the Studio Apartment to be in the region of £850pcm (£10,200 per annum).

We estimate the current rental value of the Rear offices to be in the region of £495pcm (£5,950 per annum)

VIEWING:
By appointment with the Auctioneers

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16 Queens Road, Southend-on-Sea, Essex SS1 1LU

£325,000 Auction guide price
  • Ref: 18844
  • Type: Retail
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Property Summary

**FOR SALE BY PUBLIC AUCTION ON THURSDAY 16TH JULY 2026 AT 3.00PM. LIVE STREAMED VIA HAIR & SON WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE**FEES APPLY** Located in a busy trading area just off Southend High Street this mixed use Freehold investment comprises of two shops and office space to the ground floor and two flats to the first floor (the offices and studio flat are vacant). Currently producing a gross income of £27,840 pa, this could increase to £43,990 pa when the premises are fully occupied. ...

Full Details

ACCOMMODATION:

FLAT A:

Open-Plan Lounge / Kitchen / Bedroom:

Bathroom / WC

FLAT B:

Lounge

Kitchen

Bedroom One

Bedroom Two

Bathroom / WC

COMMERCIAL UNITS

Units 1 & 2 - Watchmaker and Jeweller

Unit 3 - Feet First

Unit 4 - Rear Offices with Kitchen:

Toilet Facilities:
Mens and Womens toilets are located on the First Floor of the building

TENURE:
Freehold

TENANCY:
We are informed that the current tenancies are in place:

Units 1 & 2 (Combined):
12 year lease commending 25th September 2015

Unit 3:
10 year lease commending 16th December 2015 (now Holding Over)

Flat B:
Currently Let

ENERGY PERFORMANCE RATING:
Units 1 & 2 - C / Unit 3 - C / Rear Office - D / 16A - C / 16B - C

AGENTS NOTE:
We understand that a proportion of the rents contribute towards the cost of Gas, Electricity, Water etc. Please refer to the legal pack for full details

RENT RESERVED:
Units 1 & 2 (combined): £12,000 per annum

Unit 3: £5.040 per annum

Flat B (2 Bed): £10,800 pr annum

POTENTIAL INCOME FROM VACANT UNITS:
We believe the current rental value of the Studio Apartment to be in the region of £850pcm (£10,200 per annum).

We estimate the current rental value of the Rear offices to be in the region of £495pcm (£5,950 per annum)

VIEWING:
By appointment with the Auctioneers