90 Queens Road, Southend-on-Sea, Southend-on-Sea, SS1 1PU

Description

A vacant freehold self-contained commercial ground floor premises located in the heart of Southend city. The premises lends itself to a variety of uses subject to all necessary consents.

Accommodation

Measures 21'2 x 11'11. Wall mounted fuse box. Power and lighting. Fire exit door.

Location

Located in the heart of the city centre.

Tenure / Property Information

Investment Analysis

The £48,000 guide is the only subject pricing evidence. Supplied sold comparables are residential terraced properties, not directly comparable to this vacant commercial premises, so GDV and market value cannot be established. Buyer and other fees are unspecified.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain a commercial valuation, rental appraisal, fee schedule and confirmation of permitted use before considering the £48,000 guide.

Works Required

No specific defects or refurbishment requirements are evidenced. Verify the existing power, lighting, fuse box and fire-exit arrangements, and obtain all necessary consents for the intended use.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be assessed without a supported commercial GDV, refurbishment budget, rent, finance costs and refinance terms. The residential sold comparables are not suitable substitutes.

Buy-to-Let Analysis

BTL analysis cannot be established because no subject-specific commercial rent, operating costs or yield evidence is supplied. The provided rental listings are not sufficient evidence for this premises.

Flip Analysis

A flip surplus cannot be calculated because no supported commercial resale value, works budget, selling allowance or comparable evidence is available.

Investor Risks & Due Diligence

• No commercial valuation or directly comparable sales evidence.

• No subject-specific rent or auctioneer rent estimate.

• Buyer, administration and other fees are unspecified.

• Intended use requires all necessary consents.

• EPC status is TBC.

• Condition and refurbishment requirements are not established.

Recommendation

Do not bid on the current evidence alone. Obtain a commercial valuation, rental appraisal, fee schedule and confirmation of permitted use before considering the £48,000 guide.

Strategy Rating

Analysis Confidence

The premises description and guide are supplied, but commercial valuation, rent, works, fees, EPC and permitted-use evidence are incomplete; available comparables are residential.