£135,000

Property for sale

  1.  36 Bridge Road, Grays, Essex, Rm17 6Bu
  2.  36 Bridge Road, Grays, Essex, Rm17 6Bu
  3.  36 Bridge Road, Grays, Essex, Rm17 6Bu
Auction

From

£135,000

Property for sale

Bridge Road, Grays RM17

Local area information

Property location

Nearby amenities

  • Thameside Primary School 0.3 miles
  • Grays 0.4 miles
  • Quarry Hill Academy 0.5 miles
  • Tilbury Town 1.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Swanscombe to find out more about the area.

Features and description

  • Investment let at £15,000
  • P.a. (11.11% giy on guide)
  • New 999 year lease (virtual freehold) to be granted on completion
  • 2022 rent review outstanding
  • Located in an established parade in a predominantly residential area.
  • No VAT
Strapline

Auction Sale - 18/04/2023

Of interest to Investors

A virtual freehold shop let on a 15 year lease from 2017.

Investment let at £15,000 p.a.

Description

The property is an end of terrace lock up shop situated over ground and Basement. The property is part of an established shopping parade located in a predominately residential area.

Location

The property is located between the junctions of Grove Road and William Street.

Grays Train station is located an approx. 0.6 miles from the property

Transport

Grays Train Station - National rail services.

Tenancy

36 Bridge Road

  • Let to Mah Pharma Limited (T/A Steve's Chemist)
  • 15 year fr&I lease from 19/06/2017
  • Rent deposit of £7,500 held
  • Investment let at £15,000 p.a.


Accommodation

Please note the approximate areas have been provided by the vendor and the property has not been inspected by Savills

Basement - An approx. 13.75 sqm (148 sq ft)

Ground Floor - An approx. 42.45 sqm (457 sq ft)

Total - An approx. 56.2 sqm (604 sq ft)

More information

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  2. Commercial for sale
  3. Essex
  4. Grays
  5. Bridge Road

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