1506 London Road, Leigh-on-Sea, Essex, SS9 2UR
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Leasehold
- Strictly by appointment with the Auctioneers
Description
COMMERCIAL INVESTMENT: G/F COMMERCIAL UNIT WITH A GOOD LEASE, PARKING TO REAR AND CURRENTLY LET AT £12,000 P/A GIVING A YIELD OF 10% OF GUIDE PRICE.
Ground floor lock up shop in a sought after commercial location close to Thames Drive but within an established neighbourhood parade with a good footfall also having a 999 year lease, parking to rear. Note The Freehold interest is held by the occupational lessees of the first and second floor accommodation comprising four self-contained flats.
Internal width: 5. m x depth: 8.28m = 46.60
Rear room 1 - 3.01 m x 1.99m = 6m
Rear room 2 - 4.67m x 3.96m = 10.49m
Internal WC
Gross internal area - 63.09m (679 sq ft)
Parking space to the rear approached by Thames Drive
Dedman Gray Auctions Ltd have not visited or carried out an inspection of these premises. All information shown on this page has been provided to us by the vendor.
We have been advised there is a 999 year lease please check the legal pack for confirmation.
Let to Icelab Essex Cryo Ltd for five years from 6th March, 2023 at a fixed rent of £12,000 per annum exclusive. The lease contains internal repairing and insuring covenants.
We are advised the ground rent is £250 per annum, please refer to the legal pack.
There are agreed contributions payable to the Freeholder for external repairs to the rear main wall . These are likely to be aprox £7000 per shop . It will be for the buyer to be responsible for such payment on completion please refer to the legal pack.
D
Brochures
Legal DocumentsEnergy Performance Certificates
EPC 11506 London Road, Leigh-on-Sea, Essex, SS9 2UR
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leigh-on-Sea Station0.6 miles
- Chalkwell Station1.8 miles
- Westcliff Station2.7 miles
Notes
Disclaimer - Property reference 336576. 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 Dedman Gray Auctions, Essex. 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 Dedman Gray Auctions, Essex on 01702 311010.
*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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