Overview

LEASEHOLD INTEREST

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 purposes
Less

Location Description

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

Total Size

1,699sqft

Sales Area

1,036sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,036sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

663sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

20/05/2028

Next Lease Break

21/05/2023

Lease type

Assignment

For rent

£15,300/pa

UBR

48p

Ratable Value

£26,750.00

Business Rates

£12,840/pa

Specification

  • Former Bank premises
  • Planning consent for various uses

Floorplan

GRAYS LODGE LANE 45 SOCKETTS HEATH.PROMAP

Photos

GRAYS LODGE LANE 45 SOCKETTS HEATH.PIC

Map Data
Map data ©2019
Map DataMap data ©2019
Map data ©2019
Map
Satellite

Other properties in this area

× Chat now
BESbswy