Non quoting

Property for sale

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Freehold

Non quoting

Property for sale

77 Eastwoodbury Crescent, Southend-On-Sea SS2

48,787 sq. ft

Local area information

Property location

Nearby amenities

  • Southend Airport 0.3 miles
  • Prince Avenue Academy and Nursery 0.4 miles
  • Earls Hall Primary School 0.7 miles
  • Rochford 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • The airport hotel has 129 beds, roof top bar and restaurant with airport runway views
  • Situated 5 minutes walk from the terminal
  • Let to Thames Gateway Airport Limited for a long unexpired term of 18 years
  • Current passing rent of 865,868 per annum (6,712 per room). The next review is due on 27 February 2028.
  • 5 yearly (compounded annually) rpi linked upwards only rent reviews (collared at 1% and 4%)
  • Excellent esg credentials with an EPC rating of A22
  • Site area of circa 1.12 acres (0.45 hectares)
  • Freehold
Description

The property comprises a modern purpose built 4* hotel.

Constructed in 2012, the hotel is laid out over ground floor and five upper floors providing a total of 129 rooms.

Location

The hotel is situated in a very prominent position off Harp House roundabout on an island site fronting Eastwoodbury Crescent to the south, long stay airport parking to the north, staff parking to the west and Airport Retail Park to the East.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Southend-on-Sea
  5. Eastwoodbury Crescent