*Guide | £975,000+ (plus fees)
- Commercial Property
- 11 Bedrooms
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Substantial Mixed Use Investment Producing £72,228 per annum with Potential for Rental Uplift to £85,000 per annum Comprising 4 x Retail Units & 7 x Self-Contained Flats (3 x Studio Flats, 1 x Two Bed & 3 x Three Bed Flats).
146 - 152 London Road comprises a two storey mixed-use building consisting of 4 x A1 retail units at ground floor level extending to approximately 2,353 sq ft in total and 7 x residential units located to the rear and above the retail units.
Tenure
Freehold
Lots 29 and 30 To Be Offered Either Individually or Collectively
Location
The property occupies a prominent position on the corner of London Road and Parker Road a predominantly residential road in Grays. The open spaces of Grays Beach Riverside Park are nearby. Transport links are provided by Grays rail station.
Current Rent Reserved
Current Rent Reserved £72,228 per annum. Potential ERV of £85,000 per annum.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Floor Plans
Click the image to view the full-sized floorplan.
