Broadway, Leigh-on-Sea, Essex, SS9
£950,000

Guide price

LOCATION:

Leigh on-Sea is charming, yet thriving, coastal town situated on the Thames Estuary, approx. 2 miles west of Southend-on-Sea, 16 miles south of Chelmsford and 35 miles east of Central London

DESCRIPTION:

A striking, four -storey (plus basement), building occupying a prominent corner position on the ever-popular Leigh Broadway. The property is arranged to provide a basement bar/private function area with main dining area and bar at ground floor level. The restaurant kitchen and customer toilets are to be found on the first floor. A self -contained, two-bedroom, duplex apartment is located on the upper floors from which there are estuary glimpses.

Leigh on-Sea is charming, yet thriving, coastal town situated on the Thames Estuary, approx. 2 miles west of Southend-on-Sea, 16 miles south of Chelmsford and 35 miles east of Central London

Accommodation The premises have been measured on a Net Internal (NIA) basis and the following approximate floor areas calculated:

Basement 420 sq ft (39.02 sq ms)

Grd Floor 980 sq ft (91.04 sq ms)

1st Floor 780 sq ft (72.46 sq ms)

Apartment 2 Beds – Unmeasured.

Proposition The basement, ground and first floor restaurant are let by virtue of a 10-year lease commencing June 2023, subject to a current passing rent of £29,500, subject to a 5 year rent review. The two-bedroom duplex apartment is to be made available with the benefit of Full Vacant Possession.

We are instructed to seek offers in the region of £950,000 (Nine Hundred and Fifty Thousand pounds) for the freehold interest

VAT We are advised that the property is not elected for VAT

Business Rates The property appears on the 2023 Rating List as Shop & Premises with an adopted ratable value of £28,000

Energy Performance Cerificate The property has an expired EPC Rating of D-79, which is in the process of being update.

01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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