Unit, 123-127 The Broadway Thorpe Bay, Southend-on-Sea SS1 3EX
£247.64 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,120 sq ft
197 sq m
- SECTOR
Shop for sale
Key features
- Let To Medivet Group LTD
- £35,000 Per Annum Exclusive
- 15 Year Lease
- Freehold For Sale
- Offers In The Region Of £525,000
Description
The property has undergone extensive refurbishment by the current tenant Medivet Group LTD including an extension to the rear. The Property is let on a 15 year lease expiring March 2039 at a passing rent of £35,000 Per Annum.
There is a tenant break on the 10th Year and 5 Yearly upward only rent reviews. First rent review in line with CPI with cap and collar of 4% and 2% respectively. Second rent review is upaward only to open market rent. Tenant works are to be disregarded.
Within the Freehold is also included.
125 The Broadwway with lease expiring 30th November 2183, peppercorn ground rent.
Flat 2, part second and part third floor at 125 The Broadway with lease expiring 4th August 2145
Ground Rent
£100.00 Per Annum Until August 2045
£150.00 Per Annum Until August 2070
£200.00 Per Annum Until August 2095
£250.00 Per Annum for the remainder of the term
Planning Reference: 23/01439/FUL
Brochures
Unit, 123-127 The Broadway Thorpe Bay, Southend-on-Sea SS1 3EX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Thorpe Bay Station0.1 miles
- Southend East Station1.3 miles
- Shoeburyness Station1.5 miles
About Ayers & Cruiks, Southend
86 - 88 Baxter Avenue, Southend-On-Sea, SS2 6HZ
Established in 1997 Ayers & Cruiks have grown to become the areas largest firm of Residential and Commercial Property Managers, Chartered Surveyors and Commercial Estate Agents. We manage a large portfolio of residential flats, houses and commercial units situated throughout the South East of Essex priding ourselves on client service and professional advice.
Notes
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