Lot 7 : Commercial investment opportunity
1-5 Woodside Parade, Woodside, Leigh on Sea. , SS9 4SS
This property does not have features to display.
An excellent investment opportunity. A parade of five shop/office units currently producing a rental income of £13,000 per annum (£16,500 when fully occupied) situated in a pleasant and popular location convenient for the A127. The site may also be of consideration for redevelopment subject to all the necessary planning consents.
Shop/office area - 18'4'' x 15'5'' = 283 sq. ft (5.58m x 4.69m = 26.17 sq. m)
Store room/rear office - 8'3'' x 5'10'' (2.51m x 1.77m)
Office 1: 17'8'' x 14'10'' = 240 sq.ft (4.57m x 4.52m = 22.11 sq. m)
Office 2: 15' x 9'2'' (4.57m x 2.79m)
Kitchen: 8' x 8' (2.43m x 2.43m)
Shop/office area - 16' x 15' = 240 sq.ft (4.87m x 4.57m = 22 sq m)
Kitchenette - 10'2'' x 5'6'' (3.09m x 1.67m)
Store room - 10' x 5'6'' (3.04m x 1.67m)
Shop/office area - 18'6'' x 15' = 277 sq.ft (5.63m x 4.57m = 25.7 sq. m)
Rear store - 8'2'' x 5'10'' (2.5m x 1.77m)
Store with cloakroom - 8'9'' x 8'2'' (2.66m x 2.5m)
Reception/office 1 - 18'5'' x 8'9'' = 162 sq.ft (5.61m x 2.66m = 15 sq.m)
Office 2 - 18'1'' x 8'10'' (5.51m x 2.69m)
Rear storage - 11'4'' x 8'11'' (3.45m x 2.71m)
UNITS 1 & 2:
Currently let on a FRI lease for a term of 4 years at a rent of £6,500 per annum.
UNITS 3 & 4:
Currently let on a FRI lease commencing May 2017 for a term of 4 years at a rent of £6,500 per annum.
Currently vacant but with an interested tenant at a rent of £3,500 per annum.
There is a forecourt area of approximately 20' deep extending the full width of the parade.
VIEWING: Viewing by prior appointment with the Auctioneer and at the courtesy of the tenants.
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By appointment with the Auctioneers and at the courtesy of the Tenant.
1-5 Woodside Parade, Woodside, Leigh on Sea. Open in google maps
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Lot 7 • 1-5 Woodside Parade, Woodside, Leigh on Sea. , SS9 4SS
Commercial investment opportunity • £220,000
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Lot 7 : • 1-5 Woodside Parade, Woodside, Leigh on Sea. , SS9 4SS
Commercial investment opportunity • £220,000
Auction on 5th October 2017 3pm
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