The ground floor makes up the sales and service area, staff room, store room and strong room. The first floor contains a small store room, staff room and toilets. Tenure The property is held on an existing FRI lease due to expire 20/05/2028, at a passing rent of £15,300 per annum exclusive, with a break option at 21/05/2023 and a rent review scheduled for 25/03/2021. The lease is held inside the security of tenure provisions of the Landlord and Tenant Act 1954. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £26,750.00 and the rates payable are £12,840.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
Grays is situated in Thurrock, Essex, and is approximately 20 miles to the east of London on the north bank of the River Thames and 2 miles east of the M25. The branch is located on the A1013 which is about 1.5 km north of the town centre and train station with links to central London. The unit can be found on shopping parade serving a localised catchment with many independent retailers nearby.
Sizes and Measurements
DetailsRetail Ground Floor
Lease Information & Charges
Next Lease Break21/05/2023
- Former Bank premises
- Planning consent for various uses