Lot 47
4-5 Earls Hall Parade
Southend-on-Sea, Essex, SS2 6NW
Sold for £246,000.
A Commercial & Ground Rent Investment Producing £16,550 per annum
Description
Tenure
Freehold
Location
Earls Hall Parade is an established parade in Southend-on-Sea. Nearby occupiers include various local traders. The open spaces of Priory Park are within walking distance. Transport links are provided by Prittlewell rail station.
Description (2nd Column)
The property comprises a double fronted commercial unit situated with two flats above (sold off on long leases) within a mid terrace building arranged over ground and first floors.
Viewing Details
Please refer to us directly on: 0207 625 9007
Accommodation & Tenancy Schedule
| Property | Floor | Accommodation | Tenancy Details | Current Rent |
|---|---|---|---|---|
| Shop | Ground | Retail Area, Kitchen, Storage, WC with wash basin | Let to DP Reality Holdings trading as Dominoes Pizza Let on a FRI Lease for a term of 15 years from 25/03/12. 5 yearly reviews | £16,500 |
| Flat 4A | First | Not Inspected | Sold off on a long lease for a term of 99 years from 25/03/13 | £50 |
| Flat 5A | First | Not Inspected | Sold off on a long lease for a term of 999 years from 25/03/13 | Peppercorn |
Additional Fees
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
View Details as PDFEnquire Now
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk
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