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Land For Sale £2,950,000
London Road, Leigh On Sea SS9


Description
For sale by public auction via dedmangray.

A substantial mixed residential/commercial investment. This entire freehold property occupies a prime corner location.

An opportunity to purchase a substantial mixed use investment which already provides an income flow of £85,000 per annum and with further vacant flats and commercial units offering a potential income of around £250,000 per annum. The property is in need of further modernisation in order to complete this project to ensure best rental income.

There is a large enclosed car parking area with access from Elmsleigh Drive and some wonderful outdoor amenity space on the first floor terrace.
The property is to be offered for sale by public auction in early September and applicants are advised to register their interest for bidding purposes with the auctioneers.

The sellers have estimated a potential gross income in excess of £250,000 per annum once the premises are fully occupied.

Location

Within easy reach of all local amenities with shops, schools, parks and transport routes all nearby. Also within walking distance is the fashionable Broadway with its array of bars, cafés, restaurants and popular boutiques as well as the mainline railway station, serving London Fenchurch Street for commuters.

Follow the link for more information:
        
zoopla.co.uk

  
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