296-298 London Rd
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296-298 London Rd
2,025 SF 100% Leased Retail Building Westcliff On Sea SS0 7JJ $474,678 ($234/SF) 5% Cap Rate
Investment Highlights
- Prominent High Street location
- Hamlet Court Carpark nearby
- Good passing traffic and footfall
Executive Summary
A freehold, double fronted, retail outlet situated on the south side of the popular London Road (A13) Westcliff. Short stay roadside parking bays are available outside the premises. The freehold consists of 2 flats above sold off on leases.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,025 SF
Building Class
C
Year Built
1930
Price
$474,678
Price Per SF
$234
Cap Rate
5%
NOI
$23,734
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.90
Land Acres
0.05 AC
Frontage
36 FT on London Rd
Amenities
- Bus Line
- Courtyard
- Signage
- Storage Space
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Nearby Major Retailers
1 of 7
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296-298 London Rd
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