**Standout Features:**
- Large freehold, double-fronted terraced building
- Total area of approximately 1800 square feet
- Ground floor retail shop space with excellent potential
- Five residential apartments above, fully tenanted
- Located on a popular shopping parade near Shoebury Railway Station
- Modern interior in retail unit with stylish kitchen and bathroom
- Access to good local amenities and reputable schools
**Potential Concerns:**
- Situated in an area categorized as a multi-ethnic hardship zone with high crime rates
- Property located in an area marked by high deprivation, which might affect investment stability
**Summary:**
Unlock the potential of this substantial freehold, double-fronted terraced building located in the vibrant heart of Shoeburyness. Spanning 1800 square feet, this property features a modern retail shop on the ground floor and five fully tenanted residential apartments above. Ideal for savvy investors, the retail space boasts contemporary design elements, including a chic kitchen and bathroom, creating an inviting atmosphere for various business uses. The property’s location along a bustling shopping parade, just a short walk from Shoebury Railway Station offering direct access to London Fenchurch Street, ensures consistent foot traffic and easy commuter access.
While the area exhibits high crime rates and is classified as a multi-ethnic hardship zone, this affords a unique opportunity for those looking to invest in the growing local market. The property is in close proximity to several good schools, making it attractive for families. The existing tenants provide immediate rental income, allowing for the potential to enhance and expand the properties further down the line. Don’t miss out on this rare investment opportunity; the combination of commercial and residential options might not be available for long!
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