162-164 High St | Southend On Sea SS1 1JX
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- LoopNet Team
162-164 High St
Southend On Sea SS1 1JX
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% prime restaurant investment with under-utilised upper parts
- Opportunity for a lease regear and refurbishment / change of use of the upper floors (subject to planning and negotiations with the tenant)
- McDonald's (D&B 5A 1) have been in occupation since 1990 and the unit trades very well
- Offers are sought in excess of £2,500,000 (Two Million Five Hundred Thousand Pounds) reflecting an attractive Net Initial Yield of 7.52%
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,931 SF
Building Class
B
Year Built
1930
Tenancy
Single
Building Height
3 Stories
Building FAR
1.59
Lot Size
0.10 AC
Frontage
39’ on High Street
AMENITIES
- 24 Hour Access
- Bus Line
- Commuter Rail
- Courtyard
- Wheelchair Accessible
- Storage Space
- Air Conditioning
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