Price £220,000 - Available


  • Highly visible London Road (A13) position
  • Showroom let and income producing
  • Vacant 2 bedroom first floor flat
  • Rear yard, store and garage
  • Very reasonable Guide Price
  • Highly desirable property with great income potential

A good sized property situated in a prominent position on the London Road (A13) in central Leigh on Sea. The Flat is presented in a ready to let condition. The Ground floor is let and occupied as a used car showroom. The Vendor currently occupies the yard, timber store and the garage at the rear.



Accommodation

Ground Floor Showroom:
22'3" (6.78m) Ave. width
30'3" (9.26m) Ave.
Washroom
External WC
Rear Yard
Timber built Store
Detached garage at rear

First Floor Self Contained Flat
Personal Entrance Door, stairs to
First floor landing
Lounge: 16'7" x 11'1" (5.06m x 3.36m)
Kitchen: 11' x (6'2") (3.31m x 1.9m)
Bedroom 1: 13'4" (4.08m) x 7'6" (2.31) minimum
Bedroom 2: 11'1" (3.38m) x 8'4" (2.56m)
Bathroom/WC: 7'5" (2.56m) x 6'7" (6.7m)



Tenancies

The first floor flat is vacant and suitable for letting or owner occupation.
The ground floor showroom is let on a written Agreement details of which can be found in the Legal Pack.
The Reserved Rent is £130 PW but the rent passing has been agreed at £80 PW whilst the owner is occupying the rear yard, store and garage.



Income

When fully occupied by the tenant the rent of the commercial element will revert to £130 PW (£6760 PA)
We are advised the current rental value of the flat to be in the region of £800 PCM (£9,600 PA)
The total potential income is therefore £16360 PA when fully let.



Viewing

By appointment with Auctioneers on 01702 333399 and courtesy of the commercial tenant.





Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Bright logic Estates

Utility Supply Type
Electric Unknown
Gas Unknown
Water Unknown
Sewerage Unknown
Broadband Unknown
Telephone Unknown

Other Items Description
Heating Not Specified
Garden/Outside Space No
Parking No
Garage No

Broadband Coverage Highest Available Download Speed Highest Available Upload Speed
Standard 15 Mbps 1 Mbps
Superfast 80 Mbps 20 Mbps
Ultrafast 1800 Mbps 1000 Mbps

Mobile Coverage Indoor Voice Indoor Data Outdoor Voice Outdoor Data
EE Enhanced Enhanced Enhanced Enhanced
Three Likely Likely Enhanced Enhanced
O2 Enhanced Likely Enhanced Enhanced
Vodafone Likely Likely Enhanced Enhanced

Broadband and Mobile coverage information supplied by Ofcom.


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