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.
Lots 29 and 30 To Be Offered Either Individually or Collectively
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.
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.