FOR SALE, SOUTHEND ESSEX, VIRTUAL FREEHOLD INVESTMENT PRODUCING £36,000PA

share

bookmark

A virtual freehold investment opportunity let with an income of £36,000pa (7.5% yield on asking price). Comprising a Licenced Coffee Shop in some 1,900 sq.ft. On the London bound side of Victoria Avenue, which has been the subject of considerable development with a number of the Office towers having been converted to quality apartments.
The property is let by way of a lease for a term of 15 years from 22nd November 2023, producing a rental income of £36,000pa + VAT, subject to a reversion in November 2028.