Commercial property for sale in Alexandra Street, Southend-On-Sea SS1

From £400,000
Interested in this property? Call +44 20 8022 4160 * or Request Details

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Commercial property for sale

Property features

  • Investment let at £44,400
  • P.a. (11.1% giy on guide)
  • Commercial premise let at £19,200 p.a.
  • Flat A let on an AST at £14,400 p.a.
  • Flat B let on an AST at £10,800 p.a.
  • Southend Central Station an approx. 0.2 miles from the property
  • VAT free investment
  • 6 weeks completion available

Property description

Strapline

Auction Sale - 24/01/2024

Of interest to Investors

A freehold end of terrace building comprising of commercial premise on the ground floor and 2 self contained 2 bedrooms flats over 1st and 2nd floor

Investment let at £44,400 p.a.

Description



The property is mid terrace property forming part of a busy and established shopping parade. The property comprises of commercial unit on the ground floor trading as bar and 2 x two bedroom self contained flats at 1st and 2nd floor with access at ground floor level.

Nearby occupiers include H&M, Primark and a wide range of local independent and established retailers

Location



The property is located on the north side of Alexander Street and between the junctions of Royal mews and market place.

Southend Central station is located an approx. 0.2 miles from the property

Transport



Southend Central Station - National Rail services

Tenancy



Please refer to Accommodation and Tenancy schedule

Accommodation



Please refer to Accommodation and Tenancy schedule

Please note that the measurements for the ground floor commercial unit have been taken from the voa

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For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (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 Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions 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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