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£180,000

Leigh Road, Leigh On Sea, Essex, SS9

  • 0 beds
Other

£180,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£822 per month

Minimum deposit amount:

£9,000
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We offer for sale this ready made Freehold Investment Opportunity located in Leigh on Sea, Essex. The current lease expires in September 2026 and the income from the existing tenant is ?9000 per annum. The property has been well presented throughout and benefits a main retail area, meeting rooms, kitchenette and W/C. The flat above also pays the Freeholder ?100 pa for the ground rent and approximately ?314.00 toward the building insurance. We have been advised that the lease for the leasehold flat was a 125 years granted in 1999.

Accommodation Summary

Main Office Area 5.12m x 5.23m
Meeting Room 3.54m x 1.76m
Kitchen Area
Utility Space and W/C

Income

The ground floor generates an income of ?9000 per annum
The first floor flat pays a ground rent of ?100 per annum along with and apportionment of the building insurance in the region of ?314.00 per annum. The lease for the flat was granted a a 125 year lease from 1999.

Business Rates

The premise is listed as a shop and premise with a rateable value of ?6900.

CEPC Rating - D85

Viewing Arrangments

Viewings are strictly by appointment only, please call us on 01702 690007 to arrange

Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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