Station Road, Upminster, Essex, RM14
- PROPERTY TYPE
Retail Property (high street)
- SIZE
Ask agent
Key features
- Freehold Commercial Investment with part vacant possession
- Located in a prime part of Upminster
- Short distance to Upminster Railway Station
- Parking spaces at rear of building
Description
The property comprises a mid-terraced building erected in 1907. It comprises a ground floor shop with basement used as a retail card shop together with office accommodation at first and second floor level approached by an independent front entrance leading off Station Road. There is also parking space at the rear of the building. The ground floor shop is currently producing a rental income of £21,000 per annum exclusive.
ACCOMMODATION
The accommodation comprises:
62 Station Road
Shop area 14' 7" x 36' 0"
Rear store 6' 6" plus recess x 11' 2"
Basement 18' 7" x 43' 2" (maximum)
Basement office 11' 0" x 15' 0" (maximum)
Basement kitchen 5' 8" x 8' 1"
Basement WC
62a Station Road
First Floor
Landing
Front Office 18' 10" x 16' 5" (into bay)
Middle Office 11' 8" x 13' 3"
Rear Office 13' 4" (maximum) x 22' 0"
Kitchen 6' 9" x 5' 7"
Lower First Floor
One office 15' 2" (into bay) x 10' 2"
Kitchen 9' 4" x 8' 4"
Separate WC
Second Floor
Landing
Front Office 19' 2" x 14' 0"
Rear Office 12' 9" x 10' 7"
Kitchen 5' 0" x 6' 7"
Separate WC
Third Floor
Landing area giving access to main roof.
TERMS OF TENANCY
62 Station Road
The property is let under a lease for a term of 10 years from 25 December 2016. The rent currently payable is £28,600 per annum exclusive. There is a rent review due on 25 December 2024.
The Lease is on internal repairing terms and the Lessee is obliged to reimburse a fair proportion of the costs incurred by the Landlord in maintaining the roof, foundations and structural parts of the building.
The Lessee is responsible for reimbursement of a fair proportion of the Buildings Insurance Premium and for payment of all outgoings of a recurring nature.
The property is used as a retail card shop with provision for a change of use to one falling within the former Use Class A1.
62a Station Road
This part of the property is offered with vacant possession throughout.
RATEABLE VALUE
62 Station Road - £15,750
62a Station Road - £15,250
ENERGY PERFORMANCE
The property has been assessed within the following bands:
62 Station Road - Band D
62a Station Road - Band D
Energy Performance Certificates
EPC 1EPC 2Station Road, Upminster, Essex, RM14
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Upminster Station0.0 miles
- Upminster Bridge Station0.6 miles
- Hornchurch Station1.4 miles
About the agent
Gates Parish & Co, UPMINSTER
32 Station Road, Upminster, RM14 2TX
Our profile
Gates, Parish & Co. are a professionally qualified firm of Chartered Surveyors and Estate Agents. We have been located in Station Road, Upminster, since 1921 and are proud to have provided a comprehensive and professional property service to the community for over 80 years.
What we do
Our main activity is as a firm of Residential Estate Agents but we also offer many other professional services as detailed below:
Residential Estate Agency
Residential
Industry affiliations
Notes
Disclaimer - Property reference DPJW070922. 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 Gates Parish & Co, UPMINSTER. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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