RETAIL SHOP INVESTMENT - Hamlet Court Road, Westcliff-on-Sea - A terrace retail shop with facia board, glazed frontage and single glazed entrance door leading into the premises which measures approximately 540 sq. ft. and is arranged to provide front sales area, rear sales area, kitchenette / store and WC. Our client is currently in negotiations with a prospective new tenant and we are advised the lease terms provisionally agreed are a 3 year lease, commencing rental of £10,200 per annum exclusive, year 1 break clause, a rent review at the end of year 2, 1 month rent in advance and 3 months rent deposit. Gilbert and Rose are also offering the 2 bedroom maisonette above at a price of £280,000. Please enquire with Gilbert and Rose for further details.
- Asking Price:
- £120,000
- Turnover:
- Not applicable
- Net Profit:
- Not applicable
Property Information
- Property:
-
Freehold
- Location:
-
The premises is situated in a great trading position, which provides a tenant high levels of both footfall and vehicular passing trade. The premises is surrounded by a vibrant mix of independent retailers, eateries and licensed premises in addition to many well known names such as Wimpy, Sainsbury's Local and a Post office to name a few.
- Premises Details:
-
TERRACE RETAIL SHOP with facia board, glazed frontage and double glazed entrance door leading into the premises which measures approximately 540 sq. ft. and is arranged as follows: -
FRONT SALES AREA measures approximately 9'09" x 13'05" = 131 sq. ft.
REAR SALES AREA measures approximately 334 sq. ft. This square footage also includes the WC which makes up approximately 5'02" x 2'09" = 14 sq. ft. of this rear area.
KITCHENETTE/STORE measures approximately 3'06" x 21'04" = 75 sq. ft.
GILBERT AND ROSE are also offering the self contained 2-bed maisonette above the shop at a price of £280,000. If that property is of interest, please find the link to the marketing details below: -
https://app.rexsoftware.com/public/ebrochure/?region=eu_uk_1&listing_id=350884&account_id=3562
