Summary - Amplifon,64 London Road,SOUTHEND-ON-SEA,SS1 1PG SS1 1PG
1 bed 1 bath Retail Property (high street)
Income-producing property close to transport links and town centre amenities.
Freehold mixed-use building with retail and self-contained two-bedroom flat
A mid-terraced, freehold mixed-use building on London Road offering ground-floor retail with a glazed frontage and a self-contained two-bedroom flat above. The property is currently producing £20,600 per annum, making it immediately income-generating for an investor or suitable for an owner-occupier who wishes to run a business from the ground floor and live above.
The retail unit benefits from LED lighting, gas central heating, a rear office/storage area, kitchenette and washrooms. The shop presents a clear display window and central entrance onto a busy high street, with strong footfall and excellent public transport links (C2C and Greater Anglia services to London). The first-floor flat has a large lounge with a bay window, two bedrooms (one with loft access), a fitted kitchen and a three-piece bathroom.
Notable negatives are factual and material: the property sits in an area with high recorded crime and higher deprivation levels, there is no garden or off-street parking, and the retail space is currently in a basic/unfinished state internally (bare flooring noted). The building footprint is modest for town-centre mixed-use stock, and some cosmetic and functional updating may be required to maximise rental or resale value.
This freehold offers a straightforward purchase for investors seeking an immediate income stream or for a buyer wanting a live-and-work setup in a busy urban location. Rental growth or conversion/upgrading of the retail unit could increase returns, but purchasers should factor in area-wide social indicators and the absence of parking when assessing long-term yields.
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