Property photos
£675,000
(£214.08/sq. ft)
Retail premises for sale
Lot, 161, Southbourne Grove, Westcliff-On-Sea SS0Local area information
Property location
Nearby amenities
- Our Lady of Lourdes Catholic Primary School 0.4 miles
- St Thomas More High School 0.4 miles
- Chalkwell 0.9 miles
- Westcliff 1.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Westcliff-On-Sea to find out more about the local area.
Features and description
- Freehold
- 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
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.
Floor plans and tours
Floor plans (2)
2 floor plans available
View the floor plans to understand the space and layout of this property.
More information
Listed by
Ayers & Cruiks Commercial
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