Property photos
Freehold
£1,300,000
(£219.19/sq. ft)
Retail premises for sale
Shop, 6-7, Clifftown Road, Southend-On-Sea SS15,931 sq. ft
Local area information
Property location
Nearby amenities
- Southend Central 0.1 miles
- Southend Victoria 0.3 miles
- Porters Grange Primary School and Nursery 0.4 miles
- St Mary's, Prittlewell, CofE Primary School 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Southend-On-Sea to find out more about the local area.
Features and description
- Freehold
- Investment/Development
- Freehold For Sale
- HMO Has Been Applied For
- Three Floors Of Accommodation
- Offers in Excess of £1,300,000
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.
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.
More information
Listed by
Ayers & Cruiks Commercial
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