Investment Opportunity

 

Summary

  • Investment Opportunity
  • Retail Premise & 2 Bed Flat
  • Popular Location
  • Currently Producing £39,540 Per Annum
  • Offers In Excess Of £635,000

Accommodation

The accommodation comprises the following areas:

Namesq ftsq m
Ground 772 71.72
64 Broadway - Floor plan.png

Location

This investment is situated in Leigh-On-Sea, a popular coastal town in Essex, known for its vibrant high street and strong community atmosphere. The area is renowned for its independent shops, cafes, pubs and restaurants, creating a lively and welcoming environment.

Get directions from Google Maps

Further Information

Price Offers in excess of £595,000

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

Service Charge n/a

Estate Charge n/a

EPC Rating This property has been graded as C (64)


Description

The investment comprises of a main ground floor retail area with rear storage, a kitchen area and w/c facilities currently producing £24,000 per annum until 2028. The first floor comprises a refurbished, self-contained two-bedroom flat, currently let on a 12-month AST, generating a rental income of £1,295 per calendar month.

Viewings

Strictly prior appointment via vendors appointed agents Ayers & Cruiks.

Terms

Currently producing £39,540 Per Annum.

Price

Offers In Excess Of £595,000