5 West St | Southend On Sea SS2 6HH
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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
1 of 2
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