Large freehold with strong refurbishment and rental potential for experienced investors.
Extremely large total area — approximately 4,537 sq ft
An exceptional mixed-use commercial freehold offering in Westcliff-on-Sea, presenting a large footprint across 4,537 sq ft and strong development potential. The portfolio combines commercial space with a single residential unit, allocated parking and a garden — attractive for investors seeking rental income plus scope for capital growth.
The property is Victorian in character but currently unrenovated and described as neglected in parts, with noted roof and general maintenance issues. These defects mean immediate refurbishment is required but also create clear value-add opportunities for conversion, refurbishment or repositioning to improve yields.
Located just behind West Road within an urban cultural-mix area, the site benefits from excellent mobile and fast broadband connectivity and proximity to varied amenities and several well-regarded schools. Be aware the wider area is relatively deprived and records above-average crime levels; buyers should factor these socio-economic and security considerations into refurbishment and lettings strategies.
This freehold lot suits experienced investors or developers prepared to manage renovation and tenanting. There is potential to negotiate inclusion of additional nearby units, offering flexibility to expand the portfolio and maximise returns once remedial works and refurbishment are complete.
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