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94 High St

2,235 SF 100% Leased Retail Building Southend On Sea SS1 1JN $511,215 ($229/SF) 7.50% Cap Rate

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Investment Highlights

Along the busy high street
Currently producing £30,000

A short distance from Southend Central Station

Executive Summary

The property comprises of accommodation over 4 floors, with a basement, ground, first and second floors. The property is occupied
by EE Limited for a term of 5 years from July 2023 at a rent of £30,000 per annum exclusive with a Tenant break on 24th July 2026. (Please
note: there is a reduced rent until 23rd July 2024 but the client will make up the difference).
The property previously had planning for an extension to the rear and the conversion of the first and second floors to be converted into
three apartments.

94 High Street Southend