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Property Listing Details

Property details

  • Floor area 1,880 sq. ft

Features

  • Freehold Restaurant Investment
  • Comprising a Ground and First Floor Restaurant and Bar
  • Rear vehicular access
  • Prosperous mixed residential and commercial town
  • VAT is not applicable
  • Occupiers close by include Sainsbury’s Local, Greggs, NatWest, Wimpy and Boots

Listing view statistics

Last 30 days: 59 page views

Since listed: 253 page views

Description

Investment Consideration:
Gross Initial Yield: 5.25%
Rental Income: £15,500 p.a.
Rent deposit held of £15,500.
VAT is not applicable to this property.
Property comprising a Ground and First Floor Restaurant and Bar including rear vehicular access.
Prosperous mixed residential and commercial town.
Occupiers close by include Sainsbury`s Local, Greggs, NatWest, Wimpy, Boots, amongst others.

Property Description:
A mid-terraced property comprising a Ground and First Floor Restaurant and Bar including rear vehicular access with private parking for 3 cars.

The property provides the following accommodation and dimensions:
Ground Floor: (38 covers)
Shop: 924 sq ft
Disabled WC
Shop Frontage: 22 ft on Hamlet Court Rd

First Floor: (20 covers)
Spiral Staircase to Office Area (230 sq ft)
Ladies and Gents WCs

Tenancy:
The shop is at present let to Mr A.P. Saunders t/a Bar and Restaurant for a term of 15 years from 13th August 2009 at a current rent of £15,500 per annum and the lease contains full repairing and insuring covenants. Rent deposit held of £15,500.

Location:
Located close to the junction with London Road (A13) in the best shopping location in Westcliff-on-Sea, 4 doors down from a new Sainsbury`s Local with other such multiples as Greggs, NatWest, Wimpy and Boots nearby. Westcliff-on-Sea is a prosperous mixed residential and commercial town abutting Southend approximately 35 miles east of Central London.

Map & Nearby

Local Amenities

  • Westcliff 0.2 miles
  • Southend Victoria 0.8 miles
  • St Bernard's High School 0.3 miles
  • Milton Hall Primary School and Nursery 0.3 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Westcliff 0.2 miles
  • Southend Victoria 0.8 miles
  • St Bernard's High School 0.3 miles
  • Milton Hall Primary School and Nursery 0.3 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Blue Alpine Partners. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information.