A Site and Workshop Measuring Approximately 4230 sq ft. Let Producing £6,000 per annum. Offered with Potential for the Erection of Seven Residential Units (Subject to obtaining any relevant consents).

The property comprises a predominantly square shaped site and currently comprises single storey storage units. The site measures approximately 4230 sq ft and has direct frontage and access from Parker Road.

Tenure

Freehold

Lots 29 and 30 To Be Offered Either Individually or Collectively

Location

The site occupies a road side position on Parker Road in Grays amongst local shops and amenities. The open spaces of Parker Road Park are within easy reach. Transport links are provided by Grays rail station.

Planning

A feasibility study has been produced to show potential for a three-storey residential block comprising 7 residential units (3 x 1 bed and 4 x 2 bed units). Further planning enquiries should be directed to Thurrock Council.

Tenancy

The property is subject to a Lease for a term of 12 months commencing 01/02/2018 at a rent of £500 per calendar month (holding over).

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.