|Size||1,179.51 sq ft|
|Freehold Price||Offers in the region of £345,000 for the freehold investment subject to contract and existing tenancy as above|
|Business Rates||£7,800, per annum, (based on rateable value of £16,250)|
The town is located approximately 35 miles east of London with excellent transport facilities to include:
Three railway stations - Southend Victoria (on the National Express East Anglia Line) into London Liverpool Street, plus Southend Central and Southend East, both on the c2c line into London Fenchurch Street with a journey less than an hour.
The town is served by two main “A” roads running into East London, the A127 “Southend Arterial Road” and the A13 “London Road”.
Southend Airport is located 3 miles to the north of the subject property, approximately 12 minutes car journey with several flights to many European and UK destinations.
The subject property is positioned on the west side of Chichester Road between the junction with Southchurch Road to the north and Warrier Square to the South.
The property adjoins Travelodge Hotel and nearby occupiers include Varsity, Anytime Fitness, Frankie & Benny’s, Ladbrokes, Oxfam, Superdrug and Victoria
The property comprises a lock up shop building with yard area and entrance from the rear. The property has been refurbished to include a modern restaurant with fully fitted kitchen to the rear and shop front with concertina doors. There is a refrigeration room at first floor level, alongside access to separate male, female and staff WC.
Tenant on New Full Repairing and Insuring Lease expiring on July 2031.
Each party to bear their own legal costs incurred in this transaction, subject to the prospective purchaser solicitors undertaking to pay the landlord’s abortive costs if the prospective purchaser withdraw from the transaction.
Strictly by appointment through the sole agent