Summary - 1 Beaumont Court, 61-71 Victoria Avenue, SOUTHEND-ON-SEA SS2 6EB
1 bed 1 bath Commercial Property
**Standout Features:**
- Virtual freehold commercial property at a highly visible corner location on busy Victoria Avenue
- Producing an impressive income of £36,000 per annum (yield of 8.5%)
- Approximately 1,900 sq. ft. of space, suitable for various business ventures
- Licensed coffee shop with an outdoor seating area for up to 30 customers
- Part of a modern urban apartment complex, offering high foot traffic potential
- Excellent mobile signal and fast broadband speeds in the area
**Potential Downsides:**
- Situated in a neighborhood classified as having high crime rates and notable urban deprivation
This expansive commercial property presents an incredible investment opportunity with a robust annual income of £36,000, delivering a competitive yield of 8.5%. Spanning nearly 1,900 square feet, the modern unit features a striking glass facade, providing excellent visibility for potential customers. Currently operating as a licensed coffee shop, the space includes an inviting seating area along with a well-equipped kitchen and restrooms, enhancing its convenience for business operations.
Located in a bustling area, this property benefits from continual growth and urban development, with a surrounding mix of residential and commercial environments that promise a vibrant atmosphere. Its outdoor al-fresco area allows for up to 30 seated customers, further expanding service possibilities. While the property does face challenges related to crime and neighborhood deprivation, the potential for profit and swift returns is enticing.
Ideal for savvy investors or entrepreneurs seeking a prime retail space, act quickly—opportunities like this in such a central location are not likely to last long!
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