Warrior House, Southchurch Road, Southend-on-Sea SS1 2LZ
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Freehold Retail and Healthcare Investment
- Substantial mixed use block
- Majority let to NHS Property Services Ltd
- Long WAULT of 7.78 years
- Instant asset management opportunities to include re-letting of vacant unit
- Includes a vacant unit with an ERV of approximately £15,000 pa (total approx. £306,715 pa)
- Comprises approximately 2,423.74 sq m (26,089 sq ft)
- Investment let at £291,215 pa (12.66% on Guide Price)
Description
StrapLine
Auction Sale - 02/07/2025Freehold Retail and Healthcare Investment
Comprises a substantial mixed-use block of retail, takeaway and healthcare occupiers
Comprises approximately 2,423.74 sq m (26,089 sq ft)
Investment let at £291,215 pa (12.66% on Guide Price) + Recently vacant unit
Description
The property comprises a substantial three storey building arranged as a ground floor retail with office/healthcare above. The property comprises 12 units let to nine tenants, with the anchor tenant being NHS Property Services Ltd.
Tenancy
Please see Tenancy & Accommodation Schedule.
Accommodation
Please note the approximate areas have been provided by the VOA/Vendor/EPC and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Planning
The property may benefit from future change of use/development potential (subject to necessary consents). For further information please contact Southend-on-Sea City Council ( ).
Warrior House, Southchurch Road, Southend-on-Sea SS1 2LZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Southend Victoria Station0.2 miles
- Southend Central Station0.3 miles
- Southend East Station0.7 miles
Notes
Disclaimer - Property reference 190-16774. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills Auctions, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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