206 London Road
£325,000
LOCATION
Located along London Road, Southend-On-Sea between the junctions of Avenue Road and Milton Road.
DESCRIPTION
A mixed commercial/residential investment with a ground floor takeaway premises let on a lease of 7 years from 2021 at a rent of £9,500 Per Annum. The remainder of the property comprises of 2 x self contained 1 bedroom properties to the first & second floors
ACCOMMODATION
Commercial (sizes via the Rateable Value):
477 SQ.FT (44.3 SQ.M)
First Floor Flat:
Kitchen/Lounge Area: 8' Widening to 11'6" x 18'8" reducing to 9'9"
Bathroom
Bedroom: 8' expanding to 10'3" x 12'6"
Second Floor Flat:
Kitchen/Lounge Area: 11'7" x 22' (incorporating Kitchen)
Bathroom
Bedroom: 8'7 expanding to 11'7" x 12'6"
AMENITIES
Local amenities include main bus links and within close proximity to Southend Victoria Railway Station and Westcliff Railway Station.
SERVICES
Mains Electricity, Water & Gas (Commercial Only).
TERMS
An asking price of £325,000 is required for our client's Freehold interest in these premises.
OUTGOINGS
The rateable value is £7,100 which is chargeable at 0.49p in the pound for the rating year to from April 2026 (Small business rate relief may apply).
LEGAL COSTS
Each party is to be responsible for their own legal costs.
SERVICE CHARGE
N/a
PARKING NOTES
N/a on street parking of permits via the council for residents parking.
VIEWING
By prior telephone appointment with Hair & Son LLP: 01702 394959 (Opt. 3).