Office for sale in High Street, Southend-On-Sea SS1

£2,000,000 (£117.72/sq. ft)
Office for sale 16,989 sq. ft*
Interested in this property? Call +44 1702 787581 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Excellent town centre location
  • Close to local amenities
  • Superb views overlooking the Estuary
  • Currently producing £174,850 pa
  • Offers in excess of £2,000,000

Property description

Description and location:
Southend is the largest town within south east
Essex with a population in excess of 300,000.
The town has good rail links via Fenchurch
Street and Liverpool Street stations.
The Royal Hotel and Princess Caroline House
are located in the centre of the town, commanding a prominent position at the
southern end of Southend High Street with a
commanding position overlooking the Thames
Estuary. Situated directly opposite the Royals
Shopping Centre and former Palace Hotel. This
Grade II listed building has a wonderful historic
past and is renowned locally as a landmark
building.
The Royal Hotel has been caringly restored by
the current tenant now providing a ground
floor and basement bar with first floor
restaurant/function room.
Princess Caroline House is adjacent and
extends over the top of the Royal Hotel
providing four floors of offices let to an array of
tenants including Southend College.
The property has a car park to the rear and is
adjacent to several surface and multi storey
car parks.

Subject to Contract & VAT if Applicable


Accommodation
royal hotel restaurant and bar


Ground floor 1950 sq. Ft. (181.16 sq. M.)
Views over Thames Estuary.
First floor 1750 sq. Ft. (162.59 sq. M.)
Balcony to southern elevation and commanding views
over Thames Estuary
basement 1600 sq. Ft. (148.67 sq. M.)
Self-contained external entrance.


Terms


Let to Temada Limited on a lease expiring 20th October
2025
Current rent received £45,000 pax


Accommodation


Princess caroline house – offices
Comprising 15 individual tenants occupying rooms from
158 sq.ft to floors of 3,500 sq.ft.
Refurbished in recent years providing period style
communal areas with toilet facilities on alternate floors.
Total combined floor Area 11,689 sq.ft (1086 sq.m)


Terms


Let to an array of tenants – Tenancy Schedule
Available from Ayers & Cruiks
Current rent received £129,850


Tenure


The freehold is to be sold subject to the existing tenancies.


Price


Offers in excess of £2,000,000


Viewing


Strictly by prior appointment via vendor’s sole appointed
agents:
Ayers & Cruiks total current income £174,850
total projected income £189,100

Property info

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

Arrange Viewing

For more information about this property, please contact
Ayers & Cruiks Commercial, SS2 on +44 1702 787581 * (local rate)

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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.

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