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London Road, Westcliff-on-Sea

£150,000
  • Ref: 16162
  • Availability: Completed
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Property Summary

SOLD BY AUCTION ON THE 18TH JULY 2019. IDEAL FOR AN INVESTOR/DEVELOPER...A Freehold mixed commercial building comprising a ground floor lock up shop and a self contained 2 bedroom first floor flat. All parts are in need of refurbishment. The shop is being sold subject to a 5 year Lease which is currently holding over. The first floor flat is being sold subject to a Periodic Assured Shorthold Tenancy.

Full Details


ACCOMMODATION
GROUND FLOOR SHOP

Retail area: 27'10'' x 16' (8.48m x 4.87m) Glazed shop front.

Part glazed partition with open access to:

Rear retail area: 18' x 10'5'' (5.48m x 3.17m) Currently arranged with various sinks.

Rear lobby with doors to a compact kitchen area with sink unit and storage cupboard and a cloakroom/w.c.

Further storage area with potential for a second cloakroom/w.c.

FIRST FLOOR FLAT

Approached via a side gate. Enclosed rear staircase. Door leading to:

Kitchen: 8'8'' x 7'9'' (2.64m x 2.36m) Window to the side. Wall mounted and floor standing storage cupboards. Sink unit.

Entrance hall: Access to loft space. doors leading to all rooms.

Lounge: 16'4'' x 14'7'' (4.97m x 4.44m) Two windows to the front.

Bedroom 1: 13' x 12'6'' (3.96m x 3.81m) Window to the rear.

Bedroom 2: 14'2'' x 11' (4.31m x 3.35m) Window to rear.

Bathroom/w.c: Suite comprising bath, wash basin and low level w.c. Window to the side.

EXTERIOR
Rear garden: 40' (12.19m) In need of cultivation. Dilapidated shed.

TENURE
Freehold

TENANCIES

Ground floor shop: Currently let on a 5 year Lease commencing July 2012 at a rent of £500pcm (£6,000 per annum). The Tenant is therefore holding over.

First floor flat: The flat is currently let on an Assured Shorthold Tenancy Agreement for a period of 12 months commencing 1/11/2012 at a rent of £500pcm (£6,000 per annum). The Tenant is therefore holding over. A Section 21 Notice was served on the 10th June 2019.