BROADWAY WEST, LEIGH ON SEA

£485,000

LOCATION
The property occupies a corner position on the north side of Broadway West, opposite Leigh Library.

DESCRIPTION
A retail commercial investment with a vacant self contained flat over in Central Leigh-On-Sea.

ACCOMMODATION
The ground floor commercial premises with a gross internal floor area of 963 SQ.FT.

The retail premises is let on a lease expiring in April 2032 at a passing rent of £17,500.00 per annum.

The flat over comprises 2 double bedrooms, lounge, bathroom and kitchen.

AMENITIES
Central Leigh location opposite Leigh Library.

On street parking outside (2 hours) and two municipal car parks within walking distance.

SERVICES
Mains electricity and water.

TERMS
Freehold offers in the region of £485,000 are required for our client's freehold interest in these premises with the benefit of the rental income from the ground floor and vacant possession of the flat over.

OUTGOINGS
The commercial tenant is responsible for payment of business rates. The April 2026 onwards rateable value is £14,250 which is chargeable at 49.6p. for the rating year.

The flat is Council Tax Band 'A'.

VAT
The property is not VAT elected.

LEGAL COSTS
Each party to be responsible for their own legal costs.

SERVICE CHARGE
Not appliable

PARKING NOTES
On street parking to the front (2 hours). Municipal car parks in Elm road and North Street close by.

VIEWING
By prior telephone appointment via Hair & Son Commercial: 01702 394959 (Option 3).