£225,000 for the Freehold FOR SALE

SUTTON ROAD, Southend on Sea, SS2 5PB

548 Sq Ft (51 Sq M) | Retail, Investment

Key features

  • MIXED USE INVESTMENT
  • VACANT POSSESSION FLAT ON COMPLETION
  • GROUND FLOOR COMMERCIAL INCOME £6,200 PER ANNUM
  • 2 BED MAISONETTE
  • CLOSE TO SOUTHEND TOWN CENTRE

Full description

The property consists of a GROUND FLOOR LOCK UP SHOP with a 2 BED MAISONETTE ABOVE.



The shop is let on a 5 year lease from 24th June 2016 at a passing rent of £6,200 per annum and currently trades as a bakery. Please note business is not affected.



The maisonette comprises of ground floor kitchen and dining room with 2 large bedrooms, lounge and bathroom to first floor. To the rear is a west facing small garden and patio area. The maisonette will have vacant possession on completion.



Location
Sutton Road extends from Southchurch Road to the A1159 Eastern Avenue which leads to the A127 Arterial Road. The premises is in a well established residential and commercial area close by to Southend Town Centre. There are good bus and train links to local areas and London with Southend Victoria station close by.

Accomodation
Ground Floor Shop Unit extending to 451 Sq Ft. Ground and First Floor 2 bed Maisonette

Price
£225,000 for the freehold interest.

Legal costs
Each party to be responsible for their own legal costs.

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