185 St. Marys lane, Upminster RM14 3BU
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- A freehold mid terrace property comprising of the commercial unit at ground floor & 2 bedroom flat at 1st & 2nd floor
- Entire property let on a 20 year FR&I lease from 2020
- Commercial unit TA as Caprinos Pizza (100 + stores nationwide)
- 2 x Bedroom flat an approx. 886 sq ft
- Total building an approx. 1,802 sq ft
- No VAT on sale price
- 8 week completion available
- Virtual tour available in the description
- Investment let at £31,000 p.a. (8.26% GIY on guide)
Description
StrapLine
Auction Sale - 31/03/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA freehold mid terrace property comprising a commercial unit on the ground floor and a 2 bedroom flat at 1st & 2nd floor. Located in the popular area of Upminster.
Investment let at £31,000 p.a.
Description
Click here for the virtual tour
A freehold mid terrace forming part of busy shopping parade and comprising of commercial unit at ground floor and a 2 bedroom flat at 1st & 2nd floor.
Access to the rear of the property is via a side road via St Marys Lane.
The property is located in the popular and busy are of Upminster.
Nearby occupiers include Waitrose opposite as well as wider range of local and independent occupiers.
Location
The property is located on the north side of St Marys Lane between junctions of Station road and Tudor Gardens.
Upminster Station located an approx. 0.3 miles
Transport
Upminster Station - National Rail, Underground and Overground services
Tenancy
185 St Mary Lane
- Let Caprinos Pizza Limited TA Caprinos Pizza
- Let on a 20 year lease from August 2020 (Reversion 2040)
- Rent reviews 2030 and 2035
- Investment let at £31,000 p.a.
Accommodation
Please refer to the floor plan
185 St. Marys lane, Upminster RM14 3BU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Upminster Station0.2 miles
- Upminster Bridge Station0.7 miles
- Hornchurch Station1.5 miles
Notes
Disclaimer - Property reference 220-21882. 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 Savills Auctions, London. 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.
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 Savills Auctions, London on 020 3909 6715.
*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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