Summary

We offer for sale this ready made Freehold Investment Opportunity located in Leigh on Sea, Essex, potentially offered with vacant possession. The current lease expires in September 2026 and the income from the existing tenant is £9000 per annum but of course this property would relet at a higher figure. The property has been well presented throughout and benefits a main retail area, meeting rooms, kitchenette and W/C. The flat above also pays the Freeholder £100 pa for the ground rent and approximately £314.00 toward the building insurance. We have been advised that the lease for the leasehold flat was a 125 years granted in 1999.

Floors/rooms

Ground Floor

Accommodation Summary - Main Office Area 5.12m x 5.23m
Meeting Room 3.54m x 1.76m
Kitchen Area
Utility Space and W/C

Income - The ground floor generates an income of £9000 per annum
The first floor flat pays a ground rent of £100 per annum along with and apportionment of the building insurance in the region of £314.00 per annum. The lease for the flat was granted a a 125 year lease from 1999.

Business Rates - The premise is listed as a shop and premise with a rateable value of £6900.

CEPC Rating - D85 -

Viewing Arrangments - Viewings are strictly by appointment only, please call us on 01702 690007 to arrange

Additional Information

For further information on this property please call 01702 690007 or e-mail info@chiddickshomes.co.uk