Summary - Southchurch Road, Southend-On-Sea, Essex, SS1 SS1 2QB
4 bed 3 bath Commercial Property
**Standout Features:**
- Mixed-use freehold property with significant income potential
- Three self-contained flats: a two-bedroom, a one-bedroom, and a studio
- Established accident repair business included at no additional cost
- Light industrial unit (400 sq. ft.) with additional outbuildings
- Prime location with direct access to Southchurch Road
**Notable Concerns:**
- Requires some renovation and maintenance, particularly for the industrial space
- Area has high crime rates and is classified as very deprived
This unique mixed residential-commercial freehold opportunity in Southchurch Road, Southend-On-Sea, presents substantial investment potential for savvy buyers. The property features three self-contained flats producing an annual income of approximately £21,000, along with a functional light industrial unit perfect for various uses. The included established accident repair business, operating for nearly 30 years, further enhances its appeal.
While the property’s Victorian exterior showcases period features that could be refined into a charming façade, the condition of both the residential and commercial spaces offers room for significant improvement, allowing for customization or further development. The location boasts excellent transport connections and fast broadband, making it attractive for businesses and residents alike.
With an asking price of £575,000, this property is a prime candidate for investors looking to capitalize on the burgeoning rental market, or those desiring a combination of residential and commercial spaces. Fast action is advised as opportunities like this don’t linger long in the market!
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