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Read more Read more502 Sutton Road, Southend-On-Sea, Essex SS2 5PN
502 Sutton Road, Southend-On-Sea, Essex SS2 5PN
About this Property
Description
A freehold mixed-use investment property located in an established commercial parade near Prittlewell Station, approximately 0.2 miles away. The building consists of a ground floor commercial unit currently operating as a fast food establishment and a one-bedroom flat above. The flat is let on a lease from December 21, 2016, to December 30, 2026, generating an annual rental income of £16,000, with potential for an increase to approximately £22,000 per annum in line with market rates. The property also offers potential for rear extension, subject to planning permission, and includes rear access with parking facilities.
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