25, High Street Southend-on-Sea Essex SS3 9AJ

25, High Street
Southend-on-Sea
Essex
SS3 9AJ

Freehold Retail Investment

Entirely let to Southend Fish Bar Limited (t/a Royal Fish & Chips) until April 2031
Town centre location
Situated on prominent pedestrianised High Street
Directly opposite The Royals Shopping Centre
Nearby occupiers include H & M, BHS, Boots, Monsoon, Superdrug and Santander
Six Week Completion

Lot
37
Auction
23rd May 2013
Rent
£45,000 per Annum Exclusive
Status
Sold
Price
£374,000
Auction Venue
The Dorchester Hotel
Park Lane Entrance
Mayfair
London W1K 1QA
On behalf of Joint Fixed Charge Receivers, Jones Lang LaSalle

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Freehold Retail Investment

Entirely let to Southend Fish Bar Limited (t/a Royal Fish & Chips) until April 2031
Town centre location
Situated on prominent pedestrianised High Street
Directly opposite The Royals Shopping Centre
Nearby occupiers include H & M, BHS, Boots, Monsoon, Superdrug and Santander
Six Week Completion

Lot 37
Auction 23rd May 2013
Rent £45,000 per Annum Exclusive
Status Sold
Price £374,000
Sector
High Street Retail
Auction Venue
The Dorchester Hotel
Park Lane Entrance
Mayfair
London W1K 1QA
On behalf of Joint Fixed Charge Receivers, Jones Lang LaSalle

Property Information

Location

Miles: 20 miles south-east of Chelmsford; 41 miles east of Central London
Roads: A1160, A13, A127
Rail: Southend Central Rail
Air: London Southend Airport

Situation

The property is situated in a prominent location on the western side of the pedestrianised High Street within Southend on Sea town centre. The Royals Shopping Centre is situated directly opposite the property and houses retailers such as Debenhams, Boots, Tesco, Costa Coffee and Primark. Other nearby occupiers include H & M, BHS, Monsoon, Superdrug and Santander.

Tenure

Freehold.

Location

Miles: 20 miles south-east of Chelmsford; 41 miles east of Central London
Roads: A1160, A13, A127
Rail: Southend Central Rail
Air: London Southend Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with basement ancillary accommodation, kitchen/restaurant accommodation on first floor and second floor office accommodation.

NB. The two adjacent properties, 21 High Street and 23 High Street are being offered as Lot 28 and Lot 47 in this catalogue.

Note
The property is being marketed for sale on behalf of Joint Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The Joint Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground Basement First Second	Retail Ancillary Restaurant/Kitchen Office	56.00 sq m 50.70 sq m 54.00 sq m 39.40 sq m	(603 sq ft) (546 sq ft) (581 sq ft) (424 sq ft)	SOUTHEND FISH BAR LIMITED (t/a Royal Fish & Chips)	25 years from 18/04/2006 until 17/04/2031 on a full repairing and insuring lease	£45,000	18/04/2010 (1) and 5 yearly
Totals		200.10 sq m	(2,154 sq ft)			£45,000