36 Bridge Road, Grays, Essex, RM17 6BU
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Description
Guide Price £225,000+
The property will be sold by public auction on 16th July at 10:00am
Legal Documents
For a complete view of the legal documents, please download the legal pack from our website.
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Description
Freehold
An End of Terrace Freehold Commercial Building Producing £12,000 Per Annum and a Residential Ground Rent Reversionary Investment (Two Leases Being 63 Years)
The property comprises an end of terrace lock up shop situated over basement, ground and first floors. The property is part of an established shopping parade located in a predominately residential area. The property is subject to an FRI lease to Mah Pharma Limited (T/A Steve's Chemist) for a term of 15 years commencing 19th June 2017 at a rent of £12,000 per annum. The first floor comprises two x 2 bedroom flats sold on leases that have 63 years remaining.
Accommodation
Basement
An approx. 13.75 sqm (148 sq ft)
Ground Floor
Shop
An approx. 42.45 sqm (457 sq ft)
Total - An approx. 56.2 sqm (604 sq ft)
Location
The property is situated on a popular mixed use road close to other local shops and amenities. The open spaces of Northern Park are within easy reach. Transport links are provided by Grays railway station.
Viewing Times
Shop Open Durning Normal Hours
3rd July at 14:15 - 14:45 : Viewings Wednesday 2.15pm - 2.45pm
Brochures
Legal DocumentsOnline Bidding36 Bridge Road, Grays, Essex, RM17 6BU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Grays Station0.7 miles
- Tilbury Town Station2.4 miles
- Chafford Hundred Station1.1 miles
About the agent
Swift Property Auctions, London
83 Uxbridge Road, Stanmore, HA7 3NH
A leading residential and commercial property auctioneer covering the UK connecting buyers and sellers through the power of auction.
Notes
Disclaimer - Property reference 250304. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Swift Property Auctions, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Swift Property Auctions, London on 020 7123 9417.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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