Retail premises for sale
Shop, 6-7, Clifftown Road, Southend-On-Sea SS1
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Property features
- Investment/Development
- Freehold For Sale
- HMO Has Been Applied For
- Three Floors Of Accommodation
- Offers in Excess of £1,300,000
Property description
Located in the heart of Southend City Centre, directly opposite Southend Central Station and a short walk from the High Street, this property presents a unique investment opportunity. The building offers versatile accommodation across the basement, ground, first, and second floors.
Previously operated as a bar and restaurant, the property now benefits from planning permission to convert the upper floors into 19 student units, while retaining the ground and basement levels for commercial use. Additionally, there is potential to create three more units within the existing roof.
The projected gross income is approximately £230,000 per annum for a 22-unit scheme, plus around £45,000 per annum for the commercial space. On September 29,2022, our client secured planning permission (Ref: 22/01097/ful). A HMO has been applied for.
Property info
* Sizes listed are approximations. Please contact the agent to verify actual sizes.
For more information about this property, please contact
Ayers & Cruiks Commercial, SS2 on +44 1702 787581 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ayers & Cruiks Commercial, and do not constitute property particulars. Please contact Ayers & Cruiks Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.