11-12 Eastern Esplanade 1,216 SF of Assignment Available in Southend On Sea SS1 2ER
ASSIGNMENT HIGHLIGHTS
- Southend-on-Sea Location
- Moments from the sea front
- Prime location
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SERVICE TYPE
| Space | Size | Term | Rent | Service Type | ||
| Ground | 1,216 SF | Oct 2032 | £24,200 /PA | Fully Repairing And Insuring |
Ground
Offered to let by way of lease assignment with 8 years remaining on a 10 year FRI agreement from October 2022. The annual rent is set at £24,200 plus VAT. A onetime premium payment of £125,000 is required for the Fixtures and Fittings and the trading name. A deposit equivalent to three months' rent is required, as well as a contribution towards the Building's Insurance. Rent payments are paid quarterly in advance.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Kitchen
- Energy Performance Rating - D
- Private Restrooms
- Display Window
- £125k Premium to include fixtures and fitting
- High volumes of passing trade & seasonal tourism
- 10 year lease from Oct 2022
PROPERTY FACTS
| Total Space Available | 1,216 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Internal Area | 1,216 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
This property comprises a three-storey building of masonry construction, offering retail space on the ground floor and residential accommodation on the upper floors. The property is situated on Eastern Esplanade Road in Southend-on-Sea, a resort town on the Thames Estuary in Essex, southeast England. The diner benefits from fronting a large public pay and display car park and is a short walk from Jubilee Beach.
CONTACT
-
Ben Freckingham -
P&F Commercial
