Retail Property (high street) for sale

Southend Road, Grays, Essex, RM17

1,875 sq. ft. | £650,000

Property Description

Commercial information

  • 1,875 sq ft (174 sq m)

Key features

  • Two Adjoining Freehold Properties
  • Including Two Extended S/C Flats
  • On Busy Southend Road Grays
  • Mixed Retail/Catering Uses
  • Fully Refurbished
  • Suitable For A Number Of Other Uses

Full description

Tenure: Freehold

DESCRIPTION:
Comprising two adjoining and inter-connecting Shops, one a Convenience Store & Off Licence, the other a Fast Food Take Away, in a total of some 1,875 sq.ft. The upper parts comprise two extended and refurbished self contained 2 bedroom flats, one of which is let on an assured shorthold tenancy with an income of £850 per month, the other occupied by the owner.

The Businesses 
A Convenience Store and adjoining/inter-connecting Fast Food Take Away.

Turnover 
The Retail element (Convenience Store) generates sales of some £5,000 per week. The Fast Food Take Away generates weekly sales of £5,000 per week also.

Premises Licence 
The Premises Licence permits the sale of alcohol 7 days a week from 9am till 2am the following day.

Hours 
The Convenience Store is open from 9am till 11pm 7 days a week. The Fast Food Take Away is open over the same days, but from 11am till 11pm, opening at 1pm on Sundays.

Upper Parts 
These now comprise two self contained (rear access) two bedroom flats, each having a decked roof terrace. One is occupied by the owner, the other let on an assured shorthold tenancy with an income of £850 per month.

Tenure 
Freehold.

Business Rates 
The properties have a combined rateable value of £8,000, resulting in a liabilty of £3,976.

Legal Fees 
Each party is to be responsible for their own legal fees.

Additional Information 
The properties were purchased late 2013, and were then subjected to a complete refurbishment programme, including the extension of the 1st floor, which were converted into two self contained flats.

More information from this agent

Nearest stations

  • Grays (0.8 mi)
  • Tilbury Town (1.7 mi)
  • Chafford Hundred (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Dedman Gray, Essex

103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

01702 744063 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Grays (0.8 mi)
  • Tilbury Town (1.7 mi)
  • Chafford Hundred (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Dedman Gray, Essex

103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

01702 744063 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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