Log In/Sign Up
Your email has been sent.
24-26 Southchurch Rd 1,501 SF 100% Leased Retail Building Southend-On-Sea SS1 2ND $545,460 ($363.40/SF) 8.10% Cap Rate
Executive Summary
All measurements are approximate & have been measured on a gross internal basis: 24 Southchurch Road (Retail Shop): 511 Sq.Ft. 26 Southchurch Road (Take Away/Restaurant) 990 Sq.Ft. Both have rear parking with vehicular access.
A mixed investment opportunity comprising 2 shops, one let with an income of £20,000pa & the other at £12,000pa, with four 1 bedroom flats above producing a ground rent of £1,360pa, & therefore a yield of 8.1% on the asking price.
A mixed investment opportunity comprising 2 shops, one let with an income of £20,000pa & the other at £12,000pa, with four 1 bedroom flats above producing a ground rent of £1,360pa, & therefore a yield of 8.1% on the asking price.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,501 SF
Building Class
C
Year Built
1910
Price
$545,460
Price Per SF
$363.40
Cap Rate
8.10%
NOI
$44,189
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.78
Lot Size
0.04 AC
Frontage
33’ on Southchurch Road
1 1
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
24-26 Southchurch Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.