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Commercial property to rent

Grays

£48,000 pa

Property Description

Letting information:

Furnishing: Unfurnished

Full description

Tenure: Freehold

LOCATION - Situated at the junction of Crammavill Street and Fairway within the densely populated Stifford Clays estate in North Grays and within a few minutes driving distance of the North Stifford interchange to the A13 trunk road and which is within 3 miles of Junctions 30/31 on the M25 orbital motorway. Grays Town Centre and main line rail station is about 1 miles distant.

DESCRIPTION
Site and premises have been in occupation as a Car Service Centre, with workshop facilities since the early 1960's and the site buildings comprise of the original petrol and car sales offices, a former lubrication bay and a large repair workshop. The whole site is laid mainly to tarmacadam and originally there were 2 vehicle entrances onto the site.

ACCOMMODATION
Former Car Sales
Offices 455 sq.ft. 42.27 sq.m
Former lubrication bay and link to workshop
1,007 sq.ft. 93.55 sq.m
Vehicle repair workshop 3,231 sq.ft. 300.17 sq.m

The site has an overall area of 0.5266 acres and there are approximately 45 car display spaces available to Crammavill Street and Fairway frontages.

SERVICES
Please note that the services mentioned have not been tested and therefore prospective occupiers should satisfy themselves as to their operation.

VAT
All rents, prices and premises are exclusive of VAT under the Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction.

ASSESSMENT
The property has been assessed for non-domestic rates as follows:-

Site and Premises - Rateable Value with effect from 1st April 2010 - 49,000

TERMS
The property is offered to let on a new lease for a term to be agreed at an initial rent of 48,000 per annum exclusive of non-domestic rates and all business outgoings. A new full repairing and insuring lease will be offered requiring the tenant to be responsible for all repairs and the reimbursement of the landlord with the amount of the current building insurance premium for normal risks. The lease to contain upward only rent reviews and require the tenant to maintain the site and buildings in good order. The landlord reserves the right to seek a rent deposit on commencement of lease.

LEGAL COSTS
Both parties legal costs to be payable by ingoing tenant.

VIEWING
STRICTLY BY PRIOR ARRANGEMENT WITH PORTER GLENNY - 01375 374444



Property Ref:1_842_2292616

More information from this agent

To view this property or request more details, contact:

Porter Glenny, Grays

1 Orsett Road Grays Essex, RM17 5DA

01375 505005 Local call rate

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Property reference 2292616. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Porter Glenny, Grays.
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