£120,000 for the Freehold FOR SALE

Southchurch Road, Southend on Sea, SS1 2PP

266 Sq Ft (25 Sq M) | Retail, Investment - Retail

Full description

The property consists of a ground floor lock up shop with 2 maisonette flats above sold off on a long leases.

Location
Soutchurch Road which is the main road which runs from east to west through Southchurch Village. It starts at its junction with the northern end of Southend's pedestrian High Street and runs down to the junction with Hamstel Road/Lifstan Way. The road comprises of a mixture of residential and commercial retailers.

Accomodation
The premises have been measured on a net internal basis. Sales Area: 267 Sq Ft 25 Sq M Hallway leading to W.C.

Price
£120,000 for the freehold interest.

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

Terms
789 - Ground floor shop currently let to The Electric Cigarette Company (UK) Limited on a 3 year Full Repairing and Insuring Lease from 10th May 2020 at a rent of £6,000 per annum exclusive. 789a - Maisonette sold on long leasehold of 189 years from 20th July 1990. 789b - Maisonette sold on long leasehold of 99 years from 20th July 1990. Ground rent £75 per annum.

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