Clifftown Road, Southend-on-Sea, Essex, SS1
£2,750,000

Guide price

LOCATION:

The City of Southend-on-Sea is located on the Thames Estuary approx 35 miles east of Central London, 10 miles to the east of Basildon & 17 south east of Chelmsford.

DESCRIPTION:

Radio House is a striking, four storey (plus basement), multi-occupied, office building located in the heart of Southend City Centre and directly opposite Southend Central Station. Occupying a site of approx. 0.261 acres, the building benefits from a rear car parking area which is laid out to provide 28 spaces

Features Multi Occupied Office Investment

Fully Let

City Centre Location

Currently producing £158,483 pa

Expansion/redevelopment possibilities (STP)

Contemporary reception area

Air Conditioning

Electronic Door Access System

27 Car Parking Spaces

Opposite Southend Central Train Station

Future Redevelopment Potential In addition to the existing investment profile, the property also benefits from a number of future redevelopment opportunities which (STP) include the creation of supplementary accommodation on un-utilised areas of the third and fourth floors, along with a possible 5th Floor.

Outline permission was obtained on 17 November 2021 for the erection of a three storey building within the rear car park comprising six-self-contained flats (21/01941/OUT)

Supplementary Information The following supplementary information is available on request:

EPC - The property has a rating of C-74.

Floor Plans

Service Charge Accounts & Budget

Planning Consent (21/01941/OUT)

Proposals We are instructed to seek offers in the region of £2,950,000 (Two Million, Nine Hundred & Fifty Thousand Pounds), Subject to Contract and exclusive of VAT.

VAT We are advised that the property is not elected for VAT

Viewing Arrangements Strictly via prior appointment with the sole selling agents, Dedman Gray Commercial.

For further information or to arrange a viewing contact: Roy Horton T: 01702 311039 E: royhorton@dedmangray.co.uk or Mike Gray T: 01702 311001 or E: mikegray@dedmangray.co.uk

01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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