£600,000

Retail premises for sale

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Freehold

£600,000

Retail premises for sale

Southend Road, Rochford SS4

Local area information

Property location

Nearby amenities

  • Rochford 0.3 miles
  • Rochford Primary and Nursery School 0.5 miles
  • Southend Airport 0.6 miles
  • St Teresa's Catholic Primary School 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Rochford to find out more about the local area.

Features and description

  • Freehold
An excellent mixed-use investment property offering a strong and reliable income stream, ideally situated along Southend Road, Rochford - a popular and convenient location close to local shops, transport links, and amenities.

Property Summary:

Retail shop unit which measures approximately 691 sq. Ft. Currently trading as a fish & chip shop, let on a 20 year lease at £13,200 per annum.

3-Bedroom Maisonette arranged to provide a large lounge, 3 x double bedrooms, kitchen and a bathroom, currently let at £950 pcm.

2-Bedroom Flat arranged to provide lounge, kitchen, bathroom, 2 double bedrooms with the main bedroom having an ensuite bathroom and the entire flat finished to a very high specification, currently let at £1,300 pcm.

External: Two garages, each let at £200 pcm

Total Current Rental Income:

£45,000 per annum

This well-maintained property provides a solid return with established tenants already in place. The recently refurbished flat enhances the overall appeal and long-term investment value.

Key Features:

Fully let and income-producing

Mix of residential and commercial tenancies

High-spec renovation in one of the flats

Sought-after Rochford location with excellent visibility and access

Ideal for investors seeking a turnkey opportunity with immediate rental income and strong growth potential.

We feel there is also potential for the property to be converted or redeveloped subject to planning, either converting the property into an Airbnb or HMO, alternatively looking into developing the property into a block of flats.

Contact us today to arrange a viewing or for further details. Our ref: RX294243

Location

The property is located on the corner plot of an established parade of shops, within close proximity to Southend Airport, providing great transport links with a bus stop and being only 0.8 miles from Rochford train station, which is a mainline London Liverpool Street line station

Legal Costs

Each party are to be responsible for their own legal costs incurred in the transaction

Business Rates

The shop is subject to a rateable value of £4,250 resulting in zero businesses rates payable, should small business rate relief apply to a tenant

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission

Agents Note

The Vendor has had plans drawn up to convert the property into 13 individual Bed HMO. We do not believe that these plans were admitted for planning with the relevant council

Floor plans and tours

Floor plans (2)

Floor plan 1
Floor plan 2

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Gilbert & Rose Commercial. 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 Gilbert & Rose Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Rochford
  5. Southend Road