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32-26 St. Helens Rd 1,599 SF Retail Building Westcliff-On-Sea SS0 7LB $897,592 ($561.35/SF) 4.65% Cap Rate



Executive Summary
Comprising a well regarded & long established Restaurant trading for over 40 years in approx. 1,400 sq ft let with an income of £18,000, a s/c 2 bedroom flat above let with an income of £12,225 per annum & an elegant Air B&B business producing additional income.
All measurements are approximate, and were measured on a gross internal basis. Three adjoining seating areas of 213 sq.ft., 201 sq.ft. & 123 sq.ft. Bar/Servery 190 sq.ft. behind which are a wine store, general store & laundry room with staff WC facilities.
Ladies & Gents WC's. Fully equipped commercial kitchen & adjoining prep room with walk-in coldroom in a total of some 478 sq.ft. Rear yard with store and fire escape access. All floor areas are approximate and have been calculated on a Gross Internal (GIA) basis.
All measurements are approximate, and were measured on a gross internal basis. Three adjoining seating areas of 213 sq.ft., 201 sq.ft. & 123 sq.ft. Bar/Servery 190 sq.ft. behind which are a wine store, general store & laundry room with staff WC facilities.
Ladies & Gents WC's. Fully equipped commercial kitchen & adjoining prep room with walk-in coldroom in a total of some 478 sq.ft. Rear yard with store and fire escape access. All floor areas are approximate and have been calculated on a Gross Internal (GIA) basis.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
1,599 SF
Building Class
B
Year Built
1977
Price
$897,592
Price Per SF
$561.35
Cap Rate
4.65%
NOI
$41,738
Tenancy
Single
Building Height
2 Stories
Building FAR
0.58
Lot Size
0.06 AC
Frontage
72’ on Saint Helen's Road
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32-26 St. Helens Rd
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