125 AVON ROAD, CRANHAM, UPMINSTER, ESSEX, RM14 1RQ

FOR SALE FREEHOLD SHOP INVESTMENT

Size :

 980 sq.ft ( 91.04 m2  )

Location

The premises are situated on a busy parade at the eastern end of Avon Road, Cranham close to its junction with Front Lane. Regular bus services connect to Upminster with its C2C line and District line Underground station, Roome's department store, supermarkets and retail outlets. Adjoining occupiers include convenience stores, a wide variety of food outlets and hairdressers.

Accommodation

The property comprises a ground floor commercial/retail unit and
various rooms to the rear. The property also benefits from a rear ground floor extension. Access is available via a rear service road with car parking for one vehicle.
A residential flat is situated over the first and second floors.

Terms

Currently let to an established barbers on a 20 year new fully insuring and repairing lease commencing in June 2025 with a fifth year rent review at a passing rent of £16,000pa. The flat above has been sold off on a long lease.

Price

£275,000

Service Charge

No Service charge applicable.

Planning & Use

The current use of the shop falls within Class E.


Rates

Rateable Value11,500
UBR (2023/2024)
Rates Payable0.499

Legal Costs

Each party to bear their own legal costs

VAT

All rents and prices stated are subject to Value Added Tax.

Energy Performance Asset Rating

A+
A
0-25
B
26-50
C
51-75
71
This is how energy efficient
this building is
D
76-100
E
101-125
F
126-150
G
Over 150

 

Viewing & Further Information

Strictly by prior arrangement with Mass & Co

Mass & Co 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 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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