Offers in Region of £580,000 Commercial property for sale London Road, RAYLEIGH

FOR SALE -
DEVELOPMENT OPPORTUNITY (SUBJECT TO P.P)
CURRENTLY SHOP WITH REAR WAREHOUSE AND 5 BEDROOM FLAT ABOVE PLUS PARKING/YARD





DESCRIPTION AND LOCATION
The available accommodation comprises two storey premises currently arranged as ground floor shop with self contained 5 bedroom flat above plus rear warehouse and yard/parking. The plot itself measures affirmatively 0.18 acres and may be suitable for commercial/residential development subject to planning permission.
Located on London Road (A129) in a secondary parade of shops in close proximity to Rayleigh Train Station (London Liverpool Street line), which is within walking distance of the High Street. Bus routes passing.




ACCOMMODATION:
Shop
Net sales area: 1,334 sq.ft (123.9 sq.m)
ITZA: 930 sq.ft (86.4 sq.m)
Gross shop area: 1,980 sq.ft (184 sq.m)

Rear Warehouse/Store:
1,279 sq.ft (118.8 sq.m) gross internal area, two roller shutters.

First Floor Flat:
1,321 sq.ft (122.7 sq.) currently arranged as 5 bedroom flat, self contained via rear staircase.

Plot:
We understand the total plot size to be in the region of 0.18 acres (unmeasured).

NB: All measurements are approximate and it is the responsibility of the purchasers/tenant to fully satisfy themselves as far as the exact measurements are concerned, the exact nature of the existing use, planning and environmental issues and as to whether their proposed use requires planning.

OUTSIDE:
Shared driveway to rear parking/yard area.

TENURE:
Freehold - Offers in the region of £580,000 are invited for the freehold interest.

BUSINESS RATES:
The property is entered on the 2005 Rating List as ''Shop & Premises" with a current Rateable Value of £18,250 @ 48.5p in the £ (2009/2010).

SERVICES:
Although we are advised that the unit benefits from main services, we would recommend that all interested parties check with the relevant statutory authorities as to the existence, adequacy or otherwise of these.

PLANNING:
Interested parties are recommended to make their own enquiries with the Local Planning Authority, Council, to ensure that any proposed use is in accordance with current planning policy. Telephone

LEGAL COSTS:
Ingoing tenant to be responsible for Landlord's reasonable legal costs.

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

VIEWING:
Strictly by prior appointment with the sole agents:
Rona Commercial, 10 High Street, Wickford, SS12 9AZ.
Contact David Sewell on (01268) 764676 or email dsewell@rona.co.uk



THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.