Lot 7: FREEHOLD BUILDING WITH FLAT FOR INVESTMENT

Sold After

A building comprising of three units with parking at the rear. The shop, which trades as Thurrock Jewellery Co Ltd, faces onto Southend Road with the ground floor studio apartment and one bedroom first floor maisonette being accessed via the service road at the rear of the property. The shop and ground floor studio have both been sold on long leases for which the freeholder receives ground rent. The first floor maisonette has uPVC windows and has been let on an Assured Shorthold Tenancy.

The property is situated in a diverse parade of shops along Southend Road and is close to the local amenities. The mainline railway station with its C2C service is just over a mile away providing access into the City via London (Fenchurch Street).

21 Southend Road

Ground Floor Shop

Tenure

Sold on a 99 year lease, from the 24th June 1983 (63 years remaining), to Thurrock Jewellery Co Ltd, at a current ground rental of £26 per annum.

21A Southend Road

First Floor Maisonette

Entrance hall with stairs to first floor. Landing, living room, bedroom, kitchen, bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £800 per calendar month.

21B Southend Road

Ground Floor

Studio Apartment

Tenure

Sold on a 99 year lease, from 22nd February 1984 (64 years remaining), at a current ground rental of £35 per annum.

Viewing

First floor maisonette only which is strictly by prior confirmed appointment with the Auctioneers. Interested applicants are requested not to contact the tenants or leaseholders directly.

Residential EPC: G