Price Offers in the region of £315,000

Rates Payable Interested parties are advised to confirm the rating liability with Southend City Council on 01702 215000

Service Charge Not Applicable

Estate Charge n/a

EPC Rating This property has been graded as C (53)

Description

There are several ongoing land development projects along Christchurch Road, reflecting increased investment in the area. The subject site forms part of this broader redevelopment and comprises a plot that was formerly occupied by a stable block, with more recent additions incorporated over time.

The premises are divided into two distinct areas. The northernmost section forms part of a day nursery and comprises a two-storey, brick-built building beneath a pitched roof. Access to this portion of the property is currently gained through the day nursery itself, although a rear fire escape door provides a secondary link into the remainder of the site.

The remainder of the site features a single-storey office building, constructed with rendered brick or block elevations under a felt-covered flat roof. This section provides office accommodation and is positioned opposite three lock-up garages. Two of the garages are of brick construction and measure approximately 5.2m x 4.1m, while the third is a sectional concrete garage with a concrete base, measuring around 4.1m x 2.6m.
Access to this part of the site is via a private driveway off Christchurch Road, measuring approximately 3.1 metres in width. As such, it is most suitable for light commercial vans and domestic vehicles. The site is secured by a gate, and an additional external area provides parking for up to three vehicles.

PLEASE NOTE:
The garages and the store adjoining the office are currently vacant.

Viewings

Strictly by prior appointment via vendors appointed agents Ayers & Cruiks.

Terms

The nursery is let to Partyman World (Lakeside) Limited at a rate of £9,500 per annum. The office space is let to Carl Robertson t/a Kidz Camp Southend at a rate of £7,752 per annum on a 3 year lease ending on 9th February 2028. The garages and the store next to the office are currently vacant. The property is therefore generating £17,252 per year in rental income, with the opportunity to increase this by letting the vacant parts.

Price

Offers In The Region Of £315,000.