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5 West St
Southend On Sea SS2 6HH

Retail Property For Sale

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
Storefront Retail/Residential
Building Size
472 SF
Building Class
B
Year Built
1930
Price
$501,251 CAD
Price Per SF
$1,062 CAD
Tenancy
Single
Building Height
2 Stories
Frontage
18 ft on West Street

Amenities

  • Security System
  • Energy Performance Rating - D
  • Storage Space
  • Listing ID: 29457881

  • Date on Market: 2023-09-07

  • Last Updated:

  • Address: 5 West St, Southend On Sea SS2 6HH

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