6118 sq. ft. (568.36 m²)
For Sale £695,000 Freehold., To Let £50,000 per annum.
Description
A mid-terraced industrial premises on a well-established industrial park in Southend. The unit benefits from the addition of a full office mezzanine floor. The building was most recently occupied by South East Essex College as a music school/college and therefore benefits from F1 Use Class (formerly D1). The property will be vacant from September this year. We are advised that there are 9 car parking spaces included with the unit.
Location
Southend-on-Sea is situated in the Thames Gateway area approximately 45 miles to the east of central London accessed via the A13 and A127 arterial roads providing good communications throughout the southeast Essex area and direct links to the M25 and national motorway network. Southend-on-Sea has two mainline railway stations providing services to The City. Southend-on-Sea is the largest town within Essex having a population of 165,000. If the outlying areas are included the population is 250,000. The town centre therefore serves a large population and is an important commuting town.
VAT
All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.
Rating
From enquiries made of the Valuation of Agency, we believe the rateable value to be £52,000 for 2024/25. Based upon the Uniform Business Rate we believe the rates payable amount will be £28,392.
Legal Costs
Each party to bear their own legal costs incurred in this transaction.