For Sale By Auction | 19:00, 25 February 2020 | Lot 2

4 Whitehouse Parade, 285 London Road, Wickford, Essex, SS12 0LF

*Guide | £400,000 (plus fees)

  • Mixed Use
  • 3 Bedrooms
  • Tenure: Freehold

Call the team on 01702 33 33 99 for more information

Auction Date

Tue 25/02/2020

Auction Time

19:00

Auction Venue

Crondon Park Golf & Country Club Stock Road, Stock, Ingatestone, CM4 9DP

Viewing Times:

Thu 13 Feb

14:30-15:00

Mon 17 Feb

14:30-15:00

Sat 22 Feb

14:00-14:30

AN OPPORTUNITY TO ACQUIRE A FREEHOLD MIXED USE COMMERCIAL PROPERTY COMPRISING A TAKE-AWAY FOOD RESTAURANT WITH THREE BEDROOM FLAT ABOVE AND ADJACENT PLOT OF LAND

A well situated take away restaurant in a main road location on the outskirts of Wickford, with a three bedroom flat above. The flat is currently let on an Assured Shorthold Tenancy with a rent payable of £725 per calendar month. Also included is an adjacent plot of land which may have development potential, subject to all necessary permissions being obtained

Tenure

Freehold

ACCOMMODATION

Ground Floor: Main Retail Area - 342 sq.ft (31.86 sq.m) Staff Rest Room - 165 sq.ft (15.36 sq.m) Kitchen - 215 sq.ft (20.06 sq.m) Store Room 1 - 55 sq.ft (5.10 sq.m) Store Room 2 - 131 sq.ft (12.25 sq.m) Shower Room/WC Total - 911 sq.ft (86.43 sq.m)

First Floor Flat

At the time of publication we had not had site of the tenancy agreement or had access to the flat but we are informed by our clients that the accommodation comprises: Lounge, Kitchen, 3 bedrooms, shower room and that the flat is let at a rent payable of £725 pcm.

EXTERIOR

There is a small yard to the rear and to the side there is plot measuring approximately 36' x 145' (11m x 45m) which may have development potential (subject to all necessary permissions being obtained)

NOTE

The plan is not to scale and is for identification purposes only.

VIEWING

Strictly by appointment with the Auctioneers and at the courtesy of the tenants - Tel: 01702 333399

Energy Efficiency Rating (EPC)

Current Rating Flat - D, Shop - C

Local Authority

Basildon District Council

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price payable on exchange of contracts.

Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 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.