Southend High Street, Southend on Sea SS1 — Mixed Use Freehold | Costa Let | £78,000 PA Income
Mixed use freehold investment opportunity on Southend High Street, SS1. The property comprises a large ground floor retail unit let directly to Costa Ltd (not a franchisee), extensive basement space, part first floor commercial accommodation, and two residential flats — a 2-bedroom and a 3-bedroom — both currently tenanted. Current rental income £78,000 per annum / £6,500 PCM. Potential to extend the building subject to planning permission. Prime Southend High Street location held within an SPV. Asking price offers in excess of £1,150,000. 28-day completion timescale. 1% reservation fee required upon acceptance.
Freehold mixed use investment on Southend High Street, SS1. Ground floor retail let directly to Costa Ltd, extensive basement, part first floor commercial space, plus 2-bedroom and 3-bedroom residential flats both currently rented. Current income £78,000 p/a. Potential to extend (STPP). Held within an SPV. Close to Southend Central Railway Station, Victoria Shopping Centre and Southend Pier.
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Fee to Pay £11040$ 14,668 *$ 21,052 *$ 20,804 *€ 12.918 * (Inc VAT)
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