£450,000
Alexandra Street, Southend On Sea, Essex, SS1
- 3 beds
£450,000
- 3 beds
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Buy with a mortgage
Estimate monthly mortgage payment:
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
The three storey property is located just minutes from the Southend high street next to a large car park in a street with quirky cafes, restaurants and bars. The seafront is also close by, Southend Central station is also just moments away and London is approximately only a 40 minute train journey away.
The freehold includes a commercial property on two floors which comprises of the ground floor and basement, a flexible residential accommodation (three bedroom apartment or two separate one bedroom flats) over two floors with ample storage space and outdoor space.
Shop
The shop benefits from a spacious two floor layout that would suit a variety of uses with a store room and a staff toilet. Previously the space was used for a hairdresser and for a short time as a gallery space.
The shop also benefits from a secure and well presented outside area which could be a major asset depending on what the commercial premises are used for.
Bookshop Business
This is a unique and rare opportunity to acquire a traditional second-hand bookshop by the Sea with close transport links to London.
The shop has only been trading as a second-hand, antiquarian and gift shop for about one and a half years but has already established a regular and enthusiastic customer base as well as attracting some of the 6.4 million tourists who visit Southend-on-Sea every year.
The stock value is estimated to be about ?35,000 to ?40,000. This also includes the unique gift range and all marketing (branding, website etc.) materials and furnishings. The owner has sadly decided to sell the business for personal reasons but there is scope to extend the online business significantly and increase the revenue.
The owner is more than happy to help and train anyone wishing to take over the business and since the shop has not been trading for that long, there is a potential for the new owner's vision to be implemented. For example, if the new owner would prefer to sell new books this could be easily achieved.
Residential Accommodation
The residential accommodation is accessible via a separate entrance with a small yard.
It is currently occupied by the owner on the second floor and rented on the first floor. The first floor is currently rented short term (during the pandemic) until the end of July (for ?860 bills included) and in "normal" times via
"Airbnb" with a potential income of ?60 per day. (increasing to ?70 during peak season)
The accommodation is sold fully furnished and is ready to move into or rent out. (excluding one TV and one oven details will be added on fixtures and )
Since outside space has become more important than ever, the property comes with a large roof terrace with sun exposure all day, ready for a summer BBQ. Furthermore, there is a separate laundry room which also includes a separate guest WC.
The flexible layout of the residential accommodation grants flexibility for the new owner with spacious three bedroom flat or two one bedroom flats a possibility. Please inquire for more details.
The large spacious loft is about to be fully boarded and insulated by a professional in June and will offer generous, easy accessible storage space of 26sqm.
Entrance (Residential)
This is accessed via the side of the property into a hallway with access to the shop with a security shutter. Stairs leading to
Retail Premises
The ground floor premise is arranged over two floors, the ground floor and the basement, The existing owner has refurbished the whole premises to a very high standard with high gloss tiled flooring, tailor made shelving and some concealed rooms offering additional storage. The Book shop does have a small kitchenette area and a w/c as well as rear access and some garden area.
Main Retail Area Zone A: 22.3 sqm (240 sqft)
Retail Area Zone B: 12.9 sqm (138.85 sqft)
Basement Retail: 25.6 (275.56 sqft)
First Floor Landing
Smooth plastered ceiling, stairs to second floor split level, doors to
Laundry Room
7' 10'' x 6' 10'' (2.4m x 2.1m) Obscure double glazed window to side, smooth plastered ceiling with recess lighting, laminate flooring, radiator, space and plumbing for appliances, door to
W/C
5' 2'' x 2' 7'' (1.6m x 0.8m) Smooth plastered ceiling, recess lighting, extractor fan, push button flush w/c, tiled floor, hand wash basin.
Hallway
Smooth plastered ceiling, laminate flooring, doors to
Lounge Area
13' 5'' x 9' 10'' (4.1m x 3m) Double glazed window to front, smooth plastered ceiling, radiator, open to
Kitchen Area
6' 10'' x 4' 11'' (2.1m x 1.5m) Double glazed window to front, smooth plastered ceiling, base and wall mounted units to two aspects with wood effect work surfaces, inset sink unit, three ring electric hob with extractor canopy above, electric oven below.
Bedroom
10' 9'' x 9' 2'' (3.3m x 2.8m) Double glazed window to rear, smooth plastered ceiling, radiator, laminate flooring.
Shower Room / WC
6' 2'' x 4' 11'' (1.9m x 1.5m) Modern suite comprising of an enclosed shower cubicle, push button flush w/c, hand wash basin, radiator, part tiled walls and tiled flooring.
Split Level Landing
Stairs rise to split level landing with Skylight window and door to
Roof Terrace
Attractive roof terrace with privacy screens, decking and external lighting.
Second Floor Landing
Door to hallway with ample storage space, smooth plastered ceiling, doors to
Open Plan Living Space
13' 5'' x 9' 2'' (4.1m x 2.8m) Double glazed window to rear, smooth plastered ceiling, wood flooring, radiator, base level kitchen units, solid wood worktop, inset sink unit, electric hob with extractor fan, electric oven below, loft access ( the loft offers the potential to expand on the existing living space and measures approximately 26sqm)
Bedroom
11' 9'' x 9' 2'' (3.6m x 2.8m) Double glazed window to rear, smooth plastered ceiling, fitted wardrobes with sliding mirror fronted doors, wood flooring, radiator.
Bathroom
8' 10'' x 5' 6'' (2.7m x 1.7m) Obscure double glazed window to rear, tiled flooring, smooth plastered ceiling, paneled bath with fitted shower over, vanity hand wash basin, push button flush w/c, towel rail radiator. attractive tiling to walls, decorative wall paper.
Agents Note
The seller of this property is also offering the business opportunity to anyone wishing to own / run a second hand book shop. The stock at value is estimated in the region of ?35,000 to ?40,000. There is a large existing client base as well the website.
Mortgage calculator
Find out the cost of a mortgage for your new home.
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
Do you have property to sell or part exchange?
How can we help you today?
Find out what your
home is worthCheck instantly an estimated value of your homeFind the best
local agentCompare local estate agents based on their performanceGet an Instant
cash offerGet a cash offer for your property in under 48 hours
Area highlights
We’ve gathered data on the property locations to help you get-to-know the local area.
Things you should know
Some useful things about this property we think you should know
Create OneDome account
for a smooth and fast property purchase
- Get a step by step guide on how to purchase or sell a property
- Get an expert mortgage and legal help
- Find the best local agent to sell your property or get an instant cash offer
- Manage property viewings, valuations and alerts
- Get access to off-market properties Create account
Be the first to see the newest properties
Create an alert and we'll email you the latest properties that come to market which match your requirements.