Clifftown Road, Southend-on-Sea, Essex, SS1

Accomodation

The consented scheme provides for the re-configuration of the ground floor space to create a fully self-contained commercial unit at ground and basement levels, with ancillary amenity space. It is understood that, once completed, the building will provide the following approx. Gross Internal (GIA) floor areas: Basement: 1,311 sq ft (121.87 sq ms) Ground: 1,606 sq ft (149.27 sq ms) First: 2,038 sq ft (189 sq ms) Second: 976 sq ft (90 sq ms)

Features

Imposing Freehold Building Four Floors of Accommodation City Centre Location Opposite Southend Central Train Station Consented Scheme - 19 Student Units (Upper Floors) Potential For 3 Additional Units in roof space Basement & Ground Level Commercial Opportunity Projected Gross Income of approx £230,000 p.a. for 22 unit scheme, plus approx. £45,000 p.a. for commercial space.

Redevelopment Opportunity

On 29th September 2022 our client obtained planning permission (Ref: 22/01097/FUL for the erection of an additional floor to existing building, to part demolish and re-model the existing building and to change the use of the extended building from retail (Class E) to bar at basement and ground floor level and Student Accommodation Units (Sui Generis) to first, second, third floors. Full details available on request.

Business Rates

The property appears on the 2023 rating list as ' Wine Bar & Premises' with an adopted rateable value of £20,750.

Terms

This freehold redevelopment opportunity is offered for freehold sale subject to an asking price of £1,500,000.

Further Information & Viewing Arrangements

Strictly via prior appointment with the sole selling agents, Dedman Gray Commercial. For further information or to arrange a viewing contact: Roy Horton T: E: