Retail premises for sale in Hamlet Court Road, Westcliff-On-Sea SS0

£400,000
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Retail premises for sale

Property description

A terrace retail shop which measures approximately 540 sq. Ft. Currently leased to a tenant who has a 3 year lease at a rental of £10,200 per annum exclusive, with a 2-bed maisonette above. RX351145

Location

The premises is situated in a great trading position, which provides a tenant high levels of both footfall and vehicular passing trade. The premises is surrounded by a vibrant mix of independent retailers, eateries and licensed premises in addition to many well known names such as Wimpy, Sainsbury's Local and a Post office to name a few

Tenure

The shop tenant has a 3 year lease at a rental of £10,200 per annum exclusive, with a rent review at the end of year 2

Premises

Terrace retail shop with facia board, glazed frontage and double glazed entrance door leading into the premises which measures approximately 540 sq. Ft. And is arranged as follows: -

front sales area measures approximately 9'09" x 13'05" = 131 sq. Ft.

Rear sales area measures approximately 334 sq. Ft. This square footage also includes the WC which makes up approximately 5'02" x 2'09" = 14 sq. Ft. Of this rear area.

Kitchenette/store measures approximately 3'06" x 21'04" = 75 sq. Ft.

A self contained 2 bed maisonette with entrance door to the front of the property to staircase up to the maisonette which is arranged as follows:

Kitchen/ living room measuring approximately 25' 7" x 17' 1" and WC on the first floor with the second floor having:

Bedroom 1 measuring approximately 17' 1" x 12' 10"

bedroom 2 measuring approximately 12' 6" x 10' 10" and a bathroom

Business Rates

The premises is subject to a rateable value of £6,000 resulting in zero business rates payable, should small business rate relief apply to a tenant

Legal Costs

Each party are to be responsible for their own legal costs incurred in the transaction

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Gilbert & Rose Commercial, SS9 on +44 1702 787467 * (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 Gilbert & Rose Commercial, and do not constitute property particulars. Please contact Gilbert & Rose 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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