Next auction Thursday 20th June 2.30PM

Upper Parts 169/171 & 173/175 High Street, Southend-on-Sea, Essex, SS1 1LL



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Guide price

£225,000 - £250,000


Property Type

Residential


Key Features

  • Vacant upper floors with scope for conversion to resi (STP)
  • Self contained access from the rear of High Street
  • Opposite 'The Forum' (University of Essex)
  • 169 provides 1st and 2nd floor accommodation
  • 171 provides mainly 2nd floor accommodation
  • Located to the rear of the 100% prime High Street
  • A short distance from the Victoria Plaza Shopping Centre

Part of the 13 December 2016 auction
Nottingham Racecourse at 2.30PM

An opportunity to acquire self contained 1st & 2nd floor accommodation to the rear of the main High Street, deemed suitable for conversion to residential, subject to obtaining the necessary consents and planning approval.

  • * Southend on Sea is a major commercial centre in Essex, benefitting from a large catchment population * Comprising the self-contained upper floors (1st & 2nd floors) to the rear of what is 100% prime retail pitch in proximity to H&M, Top Man and Victoria Plaza Shopping Centre * Opposite 'The Forum' library and exhibition rooms of the University of Essex * Comprising two self contained buildings over 1st and 2nd floors * 169 provides three rooms at first floor and six rooms at second floor * 171 Provides a ground floor entrance and store with stairs to the 2nd floor (5 rooms) * Potential conversion opportunity to residential (Subject to Planning and usual consents) * Ideal opportunity for both owner occupiers and investors alike.

Contact Paul Giles on (0115) 78 44 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Long Leasehold - To be offered For Sale on a new lease of 250 years at a peppercorn rent. Further details upon application.

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