Compact long-lease shop near transport links and local amenities.
Victorian high‑street frontage with bay window and good pedestrian visibility
A compact Victorian high‑street retail unit on London Road, Westcliff‑on‑Sea, offered with a very long lease of 976 years. The 575 sq ft layout provides an immediate sales frontage, rear sales/office, kitchenette, external w.c. and a cold cellar — straightforward accommodation for a small shop, specialist retailer or conversion to alternative commercial uses (subject to consents).
The property presents clear investment appeal at £140,000: long lease security, vacant possession on completion and a modest rateable value of £7,300 (small business relief may apply). The building retains period character to the frontage and benefits from strong mobile and broadband connectivity, good pedestrian catchment on a busy high street near supermarkets, theatre and public transport.
Practical drawbacks are tangible. The rear store and internal areas show wear and require refurbishment and redecoration; the kitchenette, external w.c and basement need inspection and likely updating. Heating relies on electric storage heaters and the main fuel is electricity, which will affect running costs. The area records higher crime levels — appropriate security measures should be factored into operating costs.
This is a pragmatic purchase for an investor or owner‑operator seeking a modestly priced, long‑lease high‑street asset in a mixed urban location. Short‑term capital outlay will be needed to refresh the trading areas and install modern services if required, but the long lease and central position offer a clear route to income or resale after improvement.
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