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Lot 15

6 Week completion

SITUATION

Occupying a prime trading position in the heart of the town centre off the pedestrianised High Street, opposite the junction with Weston Road, adjacent to Marks & Spencer and amongst such multiple retailers as McDonald's, Greggs, H&M, Clarks, Specsavers, Lloyds Bank, Waterstones, Superdrug, and many others. In addition, The Royals Shopping Centre and The Victoria Shopping Centre are a short distance away.
Southend-on-Sea is a popular tourist coast town situated some 17 miles south-east of Chelmsford and approx. 35 miles east of London, benefiting from good transport links with easy access to the A13 to London and the M25 as well as Southend Central (c2c) and Southend Victoria (Greater Anglia) Railway Stations and London Southend Airport.

PROPERTY

A substantial mid-terraced building comprising:
A Large Ground Floor Retail Unit with internal access to Basement Storage.
A separate front entrance leading to a Basement Betting Shop.
First Floor Café/Restaurant/Retail Area and Second Floor Ancillary Storage Area all of which is accessed through the adjoining Marks & Spencer Store.
There is rear service access for unloading via Chichester Road.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

66–68 High Street, Southend-on-Sea, Essex SS1 1JF