22/22A Queens Road, Southend-on-Sea, Essex, SS1 1LU
FREEHOLD COMMERCIAL INVESTMENT, VACANT SHOP & VACANT FLAT
Monday, 8th October 2018 11:00am
BY ORDER OF JOINT FIXED CHARGE RECEIVERS
A mid-terraced, double fronted property comprising two ground floor shops with separate front access to a self-contained flat above. There is also a rear yard. Within the town centre a short distance from the busy pedestrianised High Street where there are a variety of multiple retailers. The University of Essex – Southend campus is within close proximity. Southend Central and Southend Victoria mainline stations are about ¼ mile away.
Ground Floor (No.22a): 460 sq ft (42.7 sq m)
Let on a repairing and insuring lease to South Records Ltd for 6 years from 19.02.2018 at £12,000 p.a. Rent reviews 19.02.2019 and every anniversary of that date based on CPI. Tenant’s break 19.02.2021.
Ground Floor (No. 22): 298 sq ft (27.6 sq m) - VACANT
First Floor Maisonette: 3 rooms (one off kitchen), kitchen, bathroom/WC - VACANT
EQUIVALENT TO £12,000 p.a. PLUS VACANT SHOP & FLAT
Both Shops: D