Retail Accommodation (Use class E) / Sale
3,531 Sq Ft
10-12 Southend Road
RM13 7XH
Overview
Freehold interest of commercial ground & residential uppers
Presented is an attractive freehold mixed-use property comprising a substantial ground floor commercial unit with two self-contained two-bedroom flats above, situated within an established local parade. The property offers a compelling combination of existing accommodation, alternative use potential (STPP) and long-term income and asset management upside. Formerly a Chinese restaurant for many decades, the ground floor commercial premises comes equipped with HVAC provision and rear external storage.
Neighbouring occupiers include Tesco Express and KFC, amongst various other local food takeaway establishments.
Neighbouring occupiers include Tesco Express and KFC, amongst various other local food takeaway establishments.
The property occupies a prominent position within a neighbourhood retail parade, serving a well established residential catchment. The surrounding area benefits from consistent local footfall and good connectivity, with access to multiple bus routes and National Rail via the c2c train line going straight into Fenchurch Street.
Accommodation
| Floor | Availability | Area (sq ft) | |
|---|---|---|---|
| Ground Floor Commercial | Available | 2,162 | |
| 1st Floor Flat (10 Southend Road) | Available | 683 | |
| 1st Floor Flat (12 Southend Road) | Available | 686 | |
| Total | TODO | ||
Details
| Type | Retail Accommodation (Use class E) |
| Rates | £12,408 PA |
| Sale Price | £1,000,000 |
| Service Charge | N/A |
| Lease Terms | Freehold interest available for sale |
| Tenure | Freehold |