From
£450,000
(£118.27/sq. ft)
Industrial for sale16 Towerfield Close, Shoeburyness, Southend-On-Sea SS3
3,805 sq. ft
Freehold
About this property
Recently Refurbished Two Storey Building
Boasts Excellent Road Connections
Sold With Vacant Possession
Land at front available by separate negotiation
Offers In The Region Of £450,000
Description
The property comprises of workshop accommodation on the ground floor with office space on the first floor, presented in excellent condition following recent refurbishment. Improvements include a new roof, replacement cladding, external redecoration, UPVC windows, and air conditioning installed throughout the office areas. There is parking available for 6 cars. The premises are currently vacant, with an estimated rental value of approximately £35,000 per annum, reflecting a projected yield of 7.7%. There is also potential to subdivide the property into three separate units, subject to the necessary planning consents and approvals.
Location
This property is located on a well-established estate with access via Towerfield Close in Shoeburyness. Shoeburyness is about 50 miles east of central London and just 4 miles from Southend-on-Sea. It is easily reached via the A13, with good connections to the M25 motorway, around 30 miles away. Shoeburyness Main Line Railway Station offers regular services to London Fenchurch Street, making it a well-connected location.
Viewings
Strictly by prior appointment via the landlords appointed agents Ayers & Cruiks.
Price
Offers from £450,000
Addition
There is a plot of land to the front of the property with planning permission for a two-storey building, which is available by separate negotiation.
Further information can be found on the Southend-on-Sea City Council planning portal under reference number 18/00161/ful.
The property comprises of workshop accommodation on the ground floor with office space on the first floor, presented in excellent condition following recent refurbishment. Improvements include a new roof, replacement cladding, external redecoration, UPVC windows, and air conditioning installed throughout the office areas. There is parking available for 6 cars. The premises are currently vacant, with an estimated rental value of approximately £35,000 per annum, reflecting a projected yield of 7.7%. There is also potential to subdivide the property into three separate units, subject to the necessary planning consents and approvals.
Location
This property is located on a well-established estate with access via Towerfield Close in Shoeburyness. Shoeburyness is about 50 miles east of central London and just 4 miles from Southend-on-Sea. It is easily reached via the A13, with good connections to the M25 motorway, around 30 miles away. Shoeburyness Main Line Railway Station offers regular services to London Fenchurch Street, making it a well-connected location.
Viewings
Strictly by prior appointment via the landlords appointed agents Ayers & Cruiks.
Price
Offers from £450,000
Addition
There is a plot of land to the front of the property with planning permission for a two-storey building, which is available by separate negotiation.
Further information can be found on the Southend-on-Sea City Council planning portal under reference number 18/00161/ful.
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Monthly repayment
£2,251 per month
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