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COMMERCIAL

Block of Apartments, Benfleet, SS7

Guide Price
£80,000
Gilbert & Rose, Leigh-on-sea
PROPERTY TYPE

Commercial Property

SIZE

8,611 sq ft

800 sq m

Description

Oak Court offers a unique freehold investment opportunity in Thundersley, Benfleet. The property comprises six residential flats, all under lease agreements, with the potential for future development thanks to approved planning permissions. RX465776

LOCATION

Oak Lodge is located on Rayleigh Road, Thundersley with easy access to both A127 and A13, local amenities and Virgin Gym.

FREEHOLD

Lease Information:



Flats 1, 2, 5, and 6: Held on leases of 199 years from 25th December 1977.

Flats 3 and 4: Currently undergoing lease extension to 999 years.

Ground rent: Fixed at £25 per flat per year, payable in equal instalments on 25th December and 24th June.



The service charge for the flats for YE 31/12/25 is £10,150.00 which is split evenly between the 6 flats.

PLANNING PERMISSION

Approved planning permission has been granted for the addition of two further flats to the property. Full details can be viewed via Castle Point Borough Council's planning portal

TENURE

FREEHOLD - OIRO £80,000 - £100,000

VIEWINGS

Internal viewings of the building are strictly via Gilbert & Rose Commercial by appointment.



Applicants are welcome to visit the property to view externally and to enquire online or in person via Castle Point Council with regards to the planning permission.

LEGAL COSTS

Each party are to be responsible for their own legal cost incurred in the transaction.

DISCLAIMER

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.

Block of Apartments, Benfleet, SS7

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Rayleigh Station1.9 miles
  • Benfleet Station2.1 miles
  • Leigh-on-Sea Station2.2 miles
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About Gilbert & Rose, Leigh-on-sea

1333 London Road, Leigh-On-Sea, SS9 2AD
Industry affiliations:

Gilbert & Rose are the people's choice for property marketing in South East Essex. Our goal with every client is to put the excitement back into the experience of selling and buying a home, personally managing all aspects on your behalf to make the process as straightforward and enjoyable as possible.

We are committed to transparency above all else. Through clear communication, strong local knowledge and in-depth experience in marketing houses across the region, we make sure you're informed at every stage of a sale. Our fixed-rate fees make our rates crystal-clear from the outset - no hidden fees, no deviation, no unfairness. And as we don't hold you to a contract, there is no risk or obligation either - choose us for the convenience, stay with us for the quality.

We're the people's choice because we go above and beyond to help you reach your next destination. You're not just our client, you're our friend - and we make every effort to make your experience with us memorable.

Notes

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Disclaimer - Property reference RX465776. 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 Gilbert & Rose, Leigh-on-sea. 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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