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Property details
Map & nearby

Retail premises for sale in Shop, 6-7, Clifftown Road, Southend-On-Sea

Investment

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Retail premises for sale

5,931 sq. ft*

Property features

Investment/Development
Freehold For Sale
HMO Has Been Applied For
Three Floors Of Accommodation
Offers in Excess of £1,300,000

Property description

Located in the heart of Southend City Centre, directly opposite Southend Central Station and a short walk from the High Street, this property presents a unique investment opportunity. The building offers versatile accommodation across the basement, ground, first, and second floors.
Previously operated as a bar and restaurant, the property now benefits from planning permission to convert the upper floors into 19 student units, while retaining the ground and basement levels for commercial use. Additionally, there is potential to create three more units within the existing roof.
The projected gross income is approximately £230,000 per annum for a 22-unit scheme, plus around £45,000 per annum for the commercial space. On September 29,2022, our client secured planning permission (Ref: 22/01097/ful). A HMO has been applied for.

Property info

Brochure

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

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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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 Ayers & Cruiks Commercial, and do not constitute property particulars. Please contact Ayers & Cruiks Commercial 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.