Consented Mixed-Use Development Opportunity with Income – Leigh-on-Sea

 

Summary

  • Full planning permission granted (Ref: 23/01777/FUL) for mixed-use redevelopment
  • Approved scheme for 4 self-contained flats plus 2 commercial units
  • Includes rear extensions, additional storey, and full reconfiguration of existing building
  • Prime Leigh-on-Sea location close to Broadway and amenities
  • Fully let investment producing circa £56,400 per annum
  • Opportunity to deliver and enhance value in a high-demand residential market
  • Offers in excess of £800,000

Accommodation

The accommodation comprises the following areas:

DescriptionBuilding Typesq ftsq m
90 Elm Road Retail 581 53.98
92 Elm Road Retail 559 51.93
90a Elm Road Residential Flat 570 52.95
92a Elm Road Residential Flat 925 85.94
Total2,635244.80
90-92 Elm Road - Location

Location

Elm Road sits in a well-established part of Leigh-on-Sea, close to Leigh Broadway where there’s a good mix of shops, cafés and everyday amenities. It’s a popular area with a steady level of demand from both buyers and renters and nearby train stations offer direct services into London. The property is also within easy reach of the seafront and Old Town, which adds to the general appeal of the area without relying on it. Overall, it’s a solid, proven spot for residential development with consistent demand and good resale potential.

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Further Information

Price Offers in excess of £800,000

Rates Payable Interested parties are advised to confirm the rating liability with the relevant local authority

BER Rating Property graded as A-E


Description

The property benefits from full planning permission (Ref: 23/01777/FUL) for the reconfiguration and extension of the existing building to provide a mixed-use scheme comprising of two commercial units at ground floor level and four self-contained flats arranged over ground, first and second floors. The approved scheme includes part single and part three-storey rear extensions, a second storey addition, and external alterations, creating a well-designed and efficient residential layout.

In addition, the property is currently fully let, producing a passing rent in the region of £56,400 per annum, with a mix of commercial and residential occupiers, providing income from day one while planning is implemented.

92 Elm Road - Let by way of a 5 year lease, contracted outside of the Landlord & Tenant Act 1954 with passing rent of £15,000 per annum exclusive. The lease commenced 5th December 2025. There is a mutual option to determine the lease on the second anniversary.

90 Elm Road - Let by way of a 5 year lease, contracted outside of the Landlord & Tenant Act 1954 with a passing rent of £15,000 per annum exclusive. The leased commenced on the 1st November 2025.

90a Elm Road - Fixed Term AST for 12 months, dated 1st February 2002. Passing rent is £10,800 per annum.

92a Elm Road - Periodic AST, dated 5th May 2026. Passing rent is £15,000 per annum.

Viewings

Strictly by prior appointment via the landlords appointed agents Ayers & Cruiks.

Price

Offers in excess of £800,000