Summary - 1629, LONDON ROAD SS9 2SQ
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime high street retail property with a mixed-use layout.
- Retail shop (851 sq. ft.) on a 3-year lease, generating an annual rent of £10,750.
- First-floor flat currently rented at £825 per month, bringing total annual rental income to £20,650.
- Freehold tenure offers potential flexibility for future renovations or extensions.
- Excellent mobile signal and fast broadband speeds.
- Surrounded by a vibrant community with a wealth of local amenities.
**Concerns:**
- Property requires modernization; potential buyers should be prepared for renovations.
- Lease term may pose challenges for mortgage approval, as there are only 3 years left on the lease.
- Solid brick construction may lack insulation, impacting energy efficiency.
Located on London Road in the affluent area of Leigh-on-Sea, this retail property presents a unique investment opportunity with both commercial and residential income streams. The flat's assured shorthold tenancy and retail lease secure a reliable cash flow in a location favored by highly qualified professionals and families. With further renovation potential, this property can be tailored to meet market demands, making it an appealing choice for investors or those seeking a versatile investment with future growth possibilities. Don’t miss your chance to seize this dual-purpose investment—properties like this don’t stay available for long!
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Shop for sale in 1305, London Road, Leigh On Sea, Essex, SS9 — £599,000 • 1 bed • 1 bath • 2613 ft²
3 bedroom mixed use property for sale in London Road, Leigh-On-Sea, Essex, SS9 — £599,000 • 3 bed • 1 bath • 2540 ft²
High street retail property for sale in 500 London Road, SS0 — £135,000 • 1 bed • 1 bath • 575 ft²
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