Prince Avenue, Southend-On-Sea, Essex, SS2

£475,000

Guide price

LOCATION:

On the Southend bound side of the A12, forming part of a well established parade of traders, including SubWay, and only a short distance from the very busy Cuckoo Corner roundabout.

DESCRIPTION:

The property comprises ground floor double-fronted retail shop/showroom premises in approx. 2,200 sq.ft. with an impressive 43 feet frontage! The property has been used since 1983 for the sales of motorbikes, scooters and associated accessories. Upper parts with stores (former flat) as well as a self-contained 1 bedroom flat let with an income of £500pm.

The Property All measurements are approximate, and have been measured on a net internal area basis. Double-fronted showroom/sales premises and ancillary 2,200 sq.ft. 1st floor stores (former flat) 460 sq.ft. Rear yard/hardstanding and external WC with pedestrian access.

Upper Parts Comprising a self-contained 1 bedroom flat let on an assured shorthold tenancy and generating an income of £500pm/£6,000pa. The current agreement expires at the end of 2019.

Features Busy Location On The A127

Customer Layby Parking

Suit Various Other Uses

Impressive 43 Feet Frontage!

Potential 2nd Flat STP

Genuine Retirement Sale

Tenure Freehold.

Business Rates The 2017 rating assessment shows an adopted value of £14,750, resulting in rates payable of approx. £7,375pa.

Vacant Possession Vacant Possession: Vacant possession of all parts, excluding the flat which is subject to an AST expiring in November 2020, will be available at completion.

Energy Performance Certificate An EPC will be provided as soon as it is available.

Legal Fees Each party is to be responsible for their own legal fees.

Viewing All appointments to view are via the landlords Sole Agents, Dedman Gray, on 01702 311 111.

Arrange viewing 01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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