Property description.

Offered to the market is this exceptional Virtual Freehold commercial investment, prominently positioned on the bustling Southend High Street in the vibrant City of Southend-on-Sea. The property comprises three individual commercial units, all of which are currently let, together generating an impressive gross rental income of £44,000 per annum, making this a prime opportunity for investors seeking steady returns.

The building enjoys excellent connectivity, being just a short stroll from mainline railway stations that provide swift links into London and beyond. Southend"s famous seafront, with its lively atmosphere and leisure amenities, is also within easy reach, attracting high volumes of foot traffic to the area year-round.

Neighbouring businesses include well-known national retailers and popular names such as JD Sports, HMV, Costa Coffee, and NatWest Bank, underlining the strong commercial appeal and prosperous trading environment of this address.

This is a rare chance to acquire a secure and established investment in one of Southend"s most sought after commercial locations. For further details or to arrange a viewing, please get in touch today.

Floor details.

Ground Floor

Terms - The seller is seeking £475,000 plus VAT for this virtual freehold investment
Investment Lease Details - We have been advised of the following lease information and do have copies of said lease available upon request.

159 High Street - Lease commencing 3rd April 2021 with a term of 20 years.

161 High Street - Lease commencing 3rd April 2021 with a term of 20 years.

163 High Street - Lease commencing 3rd April 2021 with a term of 20 years.
Rent Reviews - Rent reviews are set every 3rd year, more details are available upon request.
Planning - Any interested parties are advised to rely on there own investigation as to the permitted use is in line with the current use.
Legal Fee's - Each party to bare their own legal fee's
CEPC - 159 High Street - D81

161 High Street - C53

163 High Street - C57

Luke Chiddicks

Managing Director

Luke Chiddicks began his property career in 1997, building broad sales and lettings experience with respected Southend agencies before founding Chiddicks Homes in 2016. As a landlord, homeowner and property developer, Luke understands the practical decisions clients face and leads the business with a strong focus on clear advice, local market knowledge and personal service.

Mike Hoy

Director

Mike Hoy has worked across residential sales, lettings and commercial property since starting as a trainee negotiator in Southend in 2003. His experience across Essex gives clients calm, practical guidance, and he enjoys supporting the team with the same enthusiasm for property and customer care that shaped his own career.

Charlotte Barrett

Property Consultant

Charlotte Barrett supports clients across sales and lettings, combining strong customer service with practical knowledge of the moving process. Having progressed through the business from an administrative role into a client-facing property consultant position, Charlotte brings energy, care and consistent follow-through to buyers, sellers, landlords and tenants.

Elizabeth Phillips

Property Consultant

Elizabeth works with clients across sales and lettings, bringing a friendly, organised approach to enquiries, viewings and day-to-day communication. Her business administration background and attention to detail help keep the process moving smoothly, while her approachable manner makes clients feel supported from the first conversation.

Ian Clarke

Mortgage & Protection Consultant

Ian has been involved in Financial Services in one way or another for over 17 years. During that time he has worked in various development and management roles within the banking and insurance sectors. Having joined the team at Amber from a National mortgage service provider, Ian brings a wealth of experience in both the mortgage market, mortgage protection, compliance and business development.

Commercial property sold in Southend-on-Sea.

Property description.