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24 Southchurch Rd 1,501 SF 100% Leased Retail Building Southend On Sea SS1 2ND $734,665 CAD ($489.45 CAD/SF) 8.10% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Investment
  • Freehold

EXECUTIVE SUMMARY

A mixed investment opportunity comprising 2 shops, one let with an income of £20,000pa, the other at £12,000pa, with four 1 bedroom flats above producing a total ground rent of £1,360pa, & therefore a yield of 8.1% on the asking price.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,501 SF
Building Class
C
Year Built
1910
Price
$734,665 CAD
Price Per SF
$489.45 CAD
Cap Rate
8.10%
NOI
$59,517 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.78
Lot Size
0.04 AC
Frontage
33’ on Southchurch Road

AMENITIES

  • Security System
  • Signage

NEARBY MAJOR RETAILERS

Anytime Fitness
Costa Coffee
Iceland
Santander
Lloyds Bank
Slug & Lettuce
Nando's
Bella Italia
Wagamama
Ask Italian
  • Listing ID: 36948840

  • Date on Market: 2025-07-28

  • Last Updated:

  • Address: 24 Southchurch Rd, Southend On Sea SS1 2ND

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