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Knight of Aveley Public House, Derry Avenue, Essex, RM15 5LN

Guide Price
£175,000

Business rates & charges may apply

BidX1 Commercial, London
SIZE

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SECTOR

Pub for sale

Key features

  • Freehold ground rent investment
  • Reversion in 10 years (2034)
  • Currently a public house
  • Large corner site of approximately 0.28 hectares (0.69 acres)
  • Future development potential (subject to consents)
  • Currently producing £200 per annum
  • Offered on the instructions of Thurrock Council
  • Online Auction on Thursday, 19 September 2024

Description

A rectangular shaped site totalling approximately 0.28 hectares (0.69 acres). The site contains a part single storey and part two storey building of traditional construction beneath a part flat and part pitched roof totalling approximately 424.00 sq m (4,562 sq ft). The building is arranged as a public house and we understand has recently undergone an extensive refurbishment and re-opened in July 2024. Externally there is a large parking area. The site may offer future development potential, subject to obtaining the necessary consents and prospective purchasers are advised to make their own enquiries in this regard.


Location:

South Ockendon lies within the Thurrock unitary authority approximately 18 miles east of central London. It lies to the north of the A13, which provides access to central London to the west and the M25 at junction 30 (Mar Dyke Interchange). Ockendon railway station provides rail links to London Fenchurch Street via Upminster and numerous bus services serve the area.

Derry Avenue runs north from Darenth Lane in the town centre. The property lies on the west side of the road at its junction with Darenth Lane just to the south of the Derwent Parade shopping precinct where occupiers include Greggs, Domino's, Boots Pharmacy and William Hill. Adjacent to the property is a modern mixed-use development providing apartments and ground floor retail where tenants include Tesco Express.


Online Auction on Thursday, 19 September 2024. For further information, such as legal documents and property information, please visit bidx1.com.

Knight of Aveley Public House, Derry Avenue, Essex, RM15 5LN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ockendon Station1.0 miles
  • Chafford Hundred Station1.6 miles
  • Purfleet Station2.7 miles

Notes

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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 BidX1 Commercial, London on 020 3909 9740.

*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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