179 ST MARYS LANE, UPMINSTER, ESSEX, RM14 3BU

FOR SALE - GROUND FLOOR RETAIL PREMISES

Size :

 525 sq.ft ( 48.77 m2  )

Location

The premises are situated on the north side of St Marys Lane (B187), Upminster a short distance from its junction with Station Road (B1421) which comprises Upminster's main retail parades, a mixture of local and national retailers, cafes and eateries. The property is opposite Waitrose Food Store.

Upminster Station, which serves London's Underground (Fenchurch St line) is a short walk from the property.

Accommodation

The property comprises a ground floor retail unit which includes kitchen and rear stores with WC. There are two parking spaces situated to the rear.

Ground Floor Sales including kitchen427 sq.ft ( 39.67 m2  )
Rear Stores & WC98 sq.ft ( 9.10 m2  )
Total525 sq.ft ( 48.77 m2  )

Terms

The property is to be sold freehold with vacant possession and will include the freehold of the first floor which is let on a long leasehold basis producing a ground rent income of £100.

Price

Offers in excess of £250,000 Subject to Contract

Planning

The property falls within Class E of the Use Classes Order.


Rates

Rateable Value£9600
UBR (2021/2022)£0.499
Rates Payable£4,790
The property qualifies for Small Business rates Relief. Prospective buyers are advised to contact The London Borough of Havering Council for confirmation of business rates liabilities

Legal Costs

Each party to bear their own legal costs

VAT

Value added tax is not applicable to the sale price

Energy Performance Asset Rating

EPC Awaited

A+
A
0-25
B
26-50
C
51-75
D
76-100
E
101-125
F
126-150
G
Over 150

 

Viewing & Further Information

Contact sole selling agents, Mass & Co:

Mark Mannering - mark.mannering@massandco.com

Mass & Co Ltd for themselves and also as Agents for the seller(s)/lessee(s) of this property give notice that:

  1. the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of the contract.
  2. no person in the employment of Mass & Co Ltd has any authority to make or give representation or warranty whatever in relation to this property.
  3. applicants who make offers which are subsequently accepted by the seller(s)/lessee(s) will be subjected to personal and financial checks which satisfy Anti-Money Laundering Regulations. Such checks are conditional to the transaction.
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The Royal Institution of Chartered Surveyors was founded in 1868 and is now responsible for around 120,000 members worldwide. Its members are subject to regulation and periodic review as well as operating to strict Rules of Conduct.

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