Lot, 161 Southbourne Grove, Westcliff-on-Sea SS0 0AA
£214.08 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,153 sq ft
293 sq m
- SECTOR
Commercial property for sale
Key features
- Investment Opportunity
- Currently Producing £42,960 Per Annum
- Retail Shop & 2 First Floor 2 Bed Flats
- Allocted Parking To The Rear
- Offers In Excess Of £675,000
Description
The investment comprises of a double retail unit which is currently producing £20,520 per annum until 2029.
The first floor comprises of two, 2 bed flats that were refurbished to a high standard in 2022.
Flat 1 is currently let on an AST, generating a rental income of £995 per calendar month. Flat 2 is also let on an AST, generating a rental income of £875 per calendar month. Both flats are now on periodic tenancies.
The property includes rear parking with a total of eight spaces, allocated as two per flat and four for the retail unit.
Brochures
Lot, 161 Southbourne Grove, Westcliff-on-Sea SS0 0AA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chalkwell Station0.9 miles
- Westcliff Station1.2 miles
- Prittlewell Station1.4 miles
Notes
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