Woodgrange Drive, Southend-on-Sea

0.00 - 534.00 Sq Ft
£285,000
  • Ref: 20219
  • Type: Retail, Office
  • Availability: For Sale
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Property Summary

Hair and Son bring to the market this freehold mixed commercial/residential investment opportunity. The property currently trades as a greeting card & accessory shop on a lease that expires in January 2025 and a self contained 2 x bedroom property over currently let on an AST agreement..

The ground floor shop is being offered to let subject to an early surrender of the existing lease as the tenant would like to surrender her lease early.

The properties offer a total annual income of £14,437.

Full Details

LOCATION
Located on Woodgrange Drive between Victoria Road and Kensington Road, Southend-On-Sea.

DESCRIPTION
A mixed commercial/residential investment, the commercial tenant currently trades as a birthday card & accessory shop on a lease that expires in January 2025 and a self contained 2 x bedroom property over currently let on an AST agreement. The properties offer a total annual income of £14,437.

ACCOMMODATION
COMMERCIAL SHOP: 16'6" REDUCING TO 13'6" X 26'2"
REAR STORE ROOM: 9'8" X 6'9"
W/C

SELF CONTAINED FLAT:
BEDROOM 1: 12'4" X 11'10"
BEDROOM 2: 11'10" X 7'9"
LOUNGE: 14'8" X 12'11"
BATHROOM: 9'6" X 6'7"
W/C
KITCHEN (L SHAPED)

AMENITIES
Local amenities include mains bus links and within close proximity to Southend East Railway Station.

SERVICES
Services include main water, gas and electricity.

TERMS
£285,000 is required for our client's freehold interest in these premises.

OUTGOINGS
The 2023/2024 rateable value is £8,200 and rated at 49p in the pound for the current rating year. Interested parties should direct any queries relating to the rateable value to Southend City Council.

LEGAL COSTS
TBC

VIEWING
By prior appointment via Hair and Son: 01702 394959 (Option 3).