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135 High St 1,572 SF 100% Leased Retail Building Southend On Sea SS1 1LH $2,002,029 ($1,273.56/SF)
INVESTMENT HIGHLIGHTS
- Southend Central and Southend Victoria train station are within walking distance.
- Opportunity for development, approved planning permission for flats on the first and second floor.
- Public car park located close by.
EXECUTIVE SUMMARY
Investment and development opportunity for sale located on the pedestrianised High Street. Ground floor has two current commercial tenants: Ground Floor 133 High Street let to Ryel Limted trading as Plan Burrito at a rent of £30,000 per annum on a 10 year lease from 28th June 2023. Ground Floor 135 High Street: Let to Mr Fryad trading as a Kings & Queens at a rent of £20,000 per annum on a 10 year lease from 24th February 2021. The upper parts of the building currently has approved planning application no: 23/02028/FUL for 6 x flats first floor (2 x 1 bed and 1 x 2 bed) second floor ( 2 x 1 bed and 1 x 3 bed).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,572 SF
Building Class
B
Year Built
1887
Price
$2,002,029
Price Per SF
$1,273.56
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
20’ on 135 High Street
AMENITIES
- Bus Line
- Commuter Rail
- Restaurant
- Signage
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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135 High St
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