6 Grange Road, Billericay, Essex CM11 2RB
- PROPERTY TYPE
Retail Property (high street)
- SIZE
Ask agent
Key features
- Popular neighbourhood parage near to Post Office and Tesco Express
- Current Rent £13,500 pax
- Outstanding Rent Review (to RPI)
- Likely Rent from May 2022 circa £15,600
- Self-contained flat sold off on Long Lease
- Total Shop Area 798 sq ft (74.16 sq m)
- Guide Price £120,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10am Wednesday 10 December 2025
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 10 DECEMBER AT 10AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Leasehold Lock up RETAIL INVESTMENT Currently let producing £13,500 (rent review outstanding)
Situated in this popular neighbourhood parade, nearby occupiers include The Post Office and Tesco Express.
The property comprises a Lock up Shop let to Day Lewis PLC one of the largest independent pharmacy chains in Europe with over 260 stores. There is also a 2 bed self-contained flat but this has been sold off on a long lease.
The Shop and Flat are held on 99 year leases from 25/03/1965 with almost 65 years remaining on the Lease.
The current Rent receivable is £13,500 pax. A Rent review (by reference to increase in RPI) was due on 1st July 2022. This was not implemented. With time not being of the essence we see no reason why this review cannot be conducted now and backdated rent due recovered.
Lock Up Shop Retail Area
Internal Width 3.99m (13'1")
Shop Depth 15.5m (49'8")
Rear lobby 2.08m (6'10") x 1.62m (5'4")
WC 1.91m (6'3") x 1.62m (5'4")
Rear Stores 2.69m (9''1") x 1.79m (5'10") + 1.79m (4'10" x 1.36m (3'10)
Retail Area 60 sq.m (650 sq.ft.)
Total internal floor area 74.13 sq .m (798 sq.ft.)
Leasehold Information Term: 99 years from 25 March 1991 (64 years remaining)
Annual ground rent amount: Please refer to Legal Pack
Ground rent review period: Please refer to Legal Pack
Annual service charge amount: Please refer to Legal Pack
Service charge review period: Please refer to Legal Pack
Council Tax Band (Flat) B
Business Rates According to the Valuation Office website the shop has a current rateable value of £11,750 with effect from 1 April 2023.
Tenure: Leasehold
EPC Rating: SHOP - C; FLAT - E
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
6 Grange Road, Billericay, Essex CM11 2RB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Billericay Station1.2 miles
- Laindon Station3.2 miles
- Basildon Station3.4 miles
About Auction House, East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, East Anglia on 01603 361653.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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