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55-57 Queens Rd 1,067 SF Office/Retail Condo Unit Offered at $372,523 CAD in Southend On Sea SS1 1LT



Investment Highlights
- Centrally located in Southend
- close proximity to Southend Victoria train station
Executive Summary
The property comprises a corner premises, providing ground floor retail accommodation. The opportunity is situated on the corner of Queens Road and Gordon Road.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Long Leasehold |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
Description
This ground floor commercial premises comprises a spacious main shop/office area accessed via a front lobby. The layout includes: Large open-plan Shop/Office space of approx 588 sq ft Rear Store Room Hallway leading to: Two WCs Kitchen rear areas total approx 421 sq ft NOTE - The Landlord is installing a lobby area which shall have a separate entrance to the shop as well as a corridor to the upstairs which is being retained by the Landlord. Measurements are approximate but have tried to allow for this.
Sale Notes
The long leasehold is in excess of 99 years
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 57 | 1,067 SF | Office/Retail | $372,523 CAD ($349.13 CAD/SF) | - |
Unit 57
| Unit Size |
| 1,067 SF |
| Condo Use |
| Office/Retail |
| Price |
| $372,523 CAD ($349.13 CAD/SF) |
| NOI |
| - |
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Unit 57
| Unit Size | 1,067 SF |
| Condo Use | Office/Retail |
| Price | $372,523 CAD ($349.13 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
| Description | |
| This ground floor commercial premises comprises a spacious main shop/office area accessed via a front lobby. The layout includes: Large open-plan Shop/Office space of approx 588 sq ft Rear Store Room Hallway leading to: Two WCs Kitchen rear areas total approx 421 sq ft NOTE - The Landlord is installing a lobby area which shall have a separate entrance to the shop as well as a corridor to the upstairs which is being retained by the Landlord. Measurements are approximate but have tried to allow for this.</li></ul> | |
| Sale Notes | |
| The long leasehold is in excess of 99 years</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,501 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,095 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1960 |
| Building Class | C | Lot Size | 0.03 AC |
| Total Building Size | 2,501 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 1,095 SF |
| Year Built | 1960 |
| Lot Size | 0.03 AC |
Amenities
- Security System
- Signage
- Public Transportation
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Nearby Major Retailers
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Map
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55-57 Queens Rd
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