7-8 Eastgate Business Centre, Southernhay, Basildon, Essex, SS14

The property comprises former business centre arranged over second, third and fourth floor, accessed via 2 no. stair and lift cores, with a third escape stair leading to the service yard to the west. The primary access core is located on Southernhay on the northern site boundary and accessed from ground level. The secondary core is located at first floor and accessed from within the Eastgate Centre.
PLANNING
A resolution to grant consent was given by Basildon Council for conversion of offices at second, third and fourth floors plus construction of up to 11 storeys to create 86 flats (Planning Ref 22/00925/FULL

Location

The site is located at the Eastern end of the town centre and forms part of the original Eastgate Shopping Centre complex, completed in 1985. The town centre is encircled by major road networks (Roundacre, Southernhay & Broadmayne) which separate it from the residential areas beyond. Basildon train station and local bus station are located to the southwest of the site providing regular services to Southend Central to the east and London to the west. Nearby occupiers include Asda, Boots Pharmacy, Nando's, Empire Cinema, EasyGym, Burger King, NatWest, Barclays, B&M, Home Bargains and many more.

Accommodation

59,387 sq. ft / 5,516 m

Tenure

Long leasehold. Held for a term of 250 years from 26th October 2020 at a ground rent of £1 p.a. Reversion 2270.

VAT

All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.

Rating

Interested parties are advised to make their own enquiries of Basildon Borough Council for verification of the rates payable.

Legal Costs

Each party to bear their own legal costs incurred in this transaction.

Tenure Comments

Long leasehold. Held for a term of 250 years from 26th October 2020 at a ground rent of £1 p.a. Reversion 2270.