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5 West St 472 sq ft Retail Property Southend On Sea SS2 6HH £279,000 (£591.10/sq ft)
Investment Highlights
- Retail Parade Location
- Densely Populated Area
- On Street Parking Available Outside
Executive Summary
A terraced mixed use property with the shop and flat both let to two separate tenants. The shop is let upon a 5-year lease from October 2021 at a current rental of £6,000 per annum exclusive with rent reviews in October 2023 and October 2024. The flat is currently let to a long-term tenant who has been in occupation since 2011 at a rental of just £625 per calender month.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
472 sq ft
Costar Property Class
B
Year Built
1930
Price
£279,000
Price per sq ft
£591.10
Tenancy
Single
Number of Floors
2
Frontage
18 ft on West Street
Amenities
- Security System
- EPC - D
- Storage Space
1 1
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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5 West St
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