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Property details
Map & nearby

Retail premises for sale in London Road, Leigh-On-Sea, Essex

Sold STC

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Retail premises for sale

Property features

Retail (A1)

Property description

Description:
This Freehold investment is situated along the busy London Road with nearby occupiers including Waitrose and Sainsburys. The 3 x one bed apartments are let out on Assured Shorthold Tenancies and the commercial retail unit is currently trading a a fast foor takeaway. The lease commence 15/01/2009 for a period of 15 years and the current tenant is therefore holding over at a passing rent of £7,200 per annum.

Accommodation

The following measurements are approximate and have been calculated on a Net Internal (NIA) basis:
Retail Unit: 765 sq. Ft.
Studio with Shower & WC 170 sq. Ft
First Floor Flat 1 = 409 sq. Ft.
First Flat 2 = 494 sq. Ft.
Second Floor Flat = 702 sq. Ft.

Tenancy Schedule

Commercial Unit - Holding over @ £7,200 pa.
Flat 1 - £10,800 pa. (Periodic Tenancy).
Flat 2 - £10,800 pa. (Periodic Tenancy).
Flat 3 - £10,800 pa. (Periodic Tenancy).

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dedman Gray, and do not constitute property particulars. Please contact Dedman Gray for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.