High Street Retail Property for sale

Shop, 32, Southchurch Road, Southend-On-Sea SS1


£300,000
955 ft²

Features

  • Freehold
  • Freehold - £300,000
  • Fully fitted restaurant and kitchen
  • Large 3 bedroom flat above
  • Let at £15,600 per annum
  • Yards awar from Southend High Street

Description

Description and location:

Restaurant premises situated within the established Southchurch Road shopping parade, close to Southend Town Centre and all local amenities.
The property has been an established restaurant for many years and is fully equipped with a commercial kitchen, two toilets, a bar and ample covers. The property comes with the added benefit of a storage area on the first floor and a 3 bedroom flat arranged over the first and second floors which include a lounge, kitchen and bathroom.
Accommodation

Restaurant area: 716 sq. Ft. (66.5 sq. M.)
Kitchen area: 239 sq. Ft. (22.2 sq. M.)
3 Bed Flat
Approx. Internal Area: 955 sq. Ft. (88.7 sq. M.
Terms


The property is currently let to Heritage Restaurant and Lounge Ltd at a rent of £15,600 per annum. For a term of 15 years from 2019. With a rent review every 4 years.
Price


Guide price of £300,00

business rates (2018/2019)
Interested parties are advised to confirm the rating liability with Southend Borough Council.
Legal costs

Each party are to be responsible for their own legal costs.
EPC

EPC rating of c-74. Certificate available on request.

Categories

High Street Retail Property
Call
Property reference
CP90787_503