Summary - DICKENS PUBLIC HOUSE, HIGH STREET SS1 1LH
1 bed 1 bath Commercial Property
**Key Features:**
- **Type:** Commercial Property with residential conversion potential
- **Price:** £1,500,000 for freehold
- **Bedrooms:** Planning approved for 6 flats (2x1 bed, 1x2 bed on first floor; 2x1 bed, 1x3 bed on second floor)
- **Current Tenants:** Established businesses with set leases (Plan Burrito: £30k/year, Hairdressers: £20k/year)
- **Location:** Pedestrianized High Street, close to Southend University, local amenities, and train stations
- **Architecture:** Historic Art Deco and Edwardian design elements with high ceilings
Unlock the potential of this prime commercial property located on the bustling High Street in Southend. Priced at £1.5 million, this property boasts approved planning for conversion into six modern flats, making it an excellent opportunity for investors looking to tap into the local rental market. The ground floor is currently generating an annual income of £50,000 from well-established tenants, providing immediate cash flow while you navigate the conversion process.
The surrounding area offers a vibrant community with easy access to a variety of amenities, including cafes, shops, and public transport. While the area is classified as having very high crime and significant deprivation, it is undergoing positive transformations, with potential for growth and increasing property values. Take advantage of this rare opportunity to own a piece of Southend's historic landscape, with a unique blend of commercial viability and residential promise—it won't be available for long!
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