32-32A St. Andrews Rd 1,455 SF 100% Leased Office Building Southend On Sea SS3 9HZ £590,000 (£405.50/SF) 5.18% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prominent corner plot
- Neighbouring retail parade
- Located within large suburb
EXECUTIVE SUMMARY
Freehold investment opportunity of mixed use property with prominent corner position.
The ground floor was previously trading as a dental practice and the first floor being a two bedroom residential flat.
The ground floor was previously trading as a dental practice and the first floor being a two bedroom residential flat.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
1,455 SF
Building Class
C
Year Built
1980
Price
£590,000
Price Per SF
£405.50
Net Initial Yield
5.18%
NOI
£30,580
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
1,455 SF
Building FAR
0.49
Lot Size
0.07 AC
AMENITIES
- 24 Hour Access
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