{"loaderData":{"0-8":{"propertyListing":{"building":{"id":"719250359107504","summary":"Freehold Retail & Residential Investment in Cranham, Upminster (potential to increase income & add additional storey(STP))","archived":false,"description":"Description
The property comprises a two storey mid terrace building of brick construction, including a ground retail unit and separate first floor 2 bed flat.

The ground floor is let to 'Hun' as a hair salon and comprises a ground floor retail premises including an open plan sales area, kitchenette, store rooms, and WC facilities.

The flat is accessed to the rear of the property. An external staircase provides access to the first floor. The first floor includes a front living room, front kitchen, bathroom (wash basin, bath, shower, WC) and 2 x bedrooms. The flat includes double glazing, painted walls, and carpets.

We understand the services are split between the flat and shop.

Location
The property is located on Front Lane close to it's junction with Moor Lane, in the heart of Cranham's main shopping area in the Upmisnter area of Havering. This is a main road location which links to the A127.

Nearby occupiers include Tesco Express, Chinese takeaway, Cafe in Cranham, Cranham Car Sales, Prestons Village Bakery, Excel Physiotherapy and Acupuncture, William Hill and various other traders. The suburban location benefits from good bus links to Upminster (via the 346 and 248) and Upminster underground and overground station is approximately just under one mile away.

Tenure
The property is offered for sale on a Freehold basis subject to the current tenancies.

Freehold - Title Number EGL49436

Tenancy Details
The ground floor retail unit is let at £11,250 pa until 31st July 2025. The ground floor commercial tenant is holding over.

The flat is let out on the basis of an Assured Shorthold Tenancy (AST) at a rent of £900pcm for 12 months from 8th June 2024.

We anticipate there should be scope to agree an increase in rental levels, and the vendor wishes to leave that to a buyer post completion.

Development Potential
The next door property (75 - 81 FRONT LANE UPMINSTER RM14 1XL) has been granted planning permission (now built out) for an additional one storey to provide residential units. Other properties in the area have current planning applications pending.

Whilst we are of the view that this property might be suitable for an additional storey, we would advise interested parties to make their own enquiries with their professional advisors and / or Havering Planning Department on .

Price
£430,000. We are informed VAT is NOT payable on the price.

Identity Checks
In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser.","disclaimer":{"raw":"Disclaimer - Property reference 277271-1. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Brownill Vickers Limited, South Yorkshire. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["Freehold retail and separate 2 bed flat","Ground floor retail let at £11,250 pa and self contained flat is let at £900pcm","Located in Cranham, Upminster on the edge of Greater London - 0.9 miles from Upminster train station","Potential to improve rental level & add an additional storey (STP)","Nearby occupiers include; Tesco Express, bakers, cafes, newsagents, public house, vets, etc"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":430000,"displayQualifier":"NONE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":"FREEHOLD","tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/14120e9ae/719250359107504/14120e9ae508e4c1df216d58f3e884fe.pdf","description":"fe5bd9313694d82b6ef1ee92d48a614a.pdf"}],"photos":[{"uri":"property-photo/077f5bedf/719250359107504/077f5bedfd4d2f2e73e6822bafa6d89e.jpeg","description":"P1010176.JPG"},{"uri":"property-photo/50ef4e066/719250359107504/50ef4e066a3e63b117f5b9b8413c816d.jpeg","description":"IMG_7419.jpg"},{"uri":"property-photo/d333f9737/719250359107504/d333f9737c52ea512a101c51a436380e.jpeg","description":"IMG_7421.jpg"},{"uri":"property-photo/658556a3f/719250359107504/658556a3fbf41938e486e6d4e91ff099.jpeg","description":"P1010164.JPG"},{"uri":"property-photo/438a6e7c2/719250359107504/438a6e7c275d379897ff825565bc467a.jpeg","description":"P1010160.JPG"},{"uri":"property-photo/9955ba6e0/719250359107504/9955ba6e027874ce4eaffa543ba6a901.jpeg","description":"P1010173.JPG"},{"uri":"property-photo/736738b98/719250359107504/736738b98f1f49958f78467cdd6cbcf7.jpeg","description":"P1010171.JPG"},{"uri":"property-photo/1fb4bb5b4/719250359107504/1fb4bb5b48361d95ca969ad2d3067a19.jpeg","description":"P1010167.JPG"},{"uri":"property-photo/8a6276a74/719250359107504/8a6276a740220b1612770951d3908693.jpeg","description":"IMG_7681.jpg"},{"uri":"property-photo/ae84a7708/719250359107504/ae84a77088ea1098ac60a1ea633a8d45.jpeg","description":"IMG_7682.jpg"},{"uri":"property-photo/839c0ef14/719250359107504/839c0ef143149be6a6f8d96ca6d9063a.jpeg","description":"IMG_7193.jpg"},{"uri":"property-photo/186c75df6/719250359107504/186c75df610c92f6765039c5e62e74eb.jpeg","description":"IMG_7194.jpg"}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":1374,"minSize":null,"measurementType":"NIA","maxSize":null},"location":{"displayAddress":"73-73A Front Lane, Cranham, Upminster, RM14 1XL","showMap":true,"postcode":{"incode":"1XL","outcode":"RM14"},"streetView":{"latitude":51.561817,"longitude":0.266775,"heading":90,"pitch":0,"zoom":1,"showStreetView":true},"latitude":51.561817,"longitude":0.266775},"nearestStations":[{"distance":0.7039923113335654,"name":"Upminster Station","types":["NATIONAL_TRAIN","LONDON_UNDERGROUND"],"unit":"miles"},{"distance":1.356088661990489,"name":"Upminster Bridge Station","types":["LONDON_UNDERGROUND"],"unit":"miles"},{"distance":2.0566382045418763,"name":"Emerson Park Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Brownill Vickers Limited, South Yorkshire","email":null,"profileUrl":"/estate-agents/agent/SMC-Brownill-Vickers/South-Yorkshire-215657.html","logo":"/partner-logo/23245415-LOGO-1765967121.jpeg","id":215657,"description":"

Brownill Vickers is a multi-faceted firm of Chartered Surveyors, Valuers and Commercial Estate Agents which was established in 1884. We have an unrivalled reputation for providing good quality, clear and knowledgeable advice to a broad range of clients from our offices in Sheffield and Barnsley.

We are a firm of qualified Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors which means that all of our clients are assured of the very highest professional standards.

Our Director led services include valuation, lease advisory, building surveying & development, property management as well as commercial estate agency dealing with sales and lettings. We also act for clients with acquisition requirements.

We deal with all commercial sectors and have a specialist advisor team dealing with the licensed trade and leisure industries. Residential lettings and real estate investment management services also delivered.

We consider ourselves to be friendly, approachable and pride ourselves at our ability to deliver the best outcomes for our clients. Contact us today to see how we can help you.

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