Offers over
£300,000
(£265.96/sq. ft)
Retail premises for saleParr Court, 26-28 Station Lane, Basildon SS13
1,128 sq. ft
EPC Rating: C
Added on
Ayers & Cruiks Commercial
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About this property
Commercial investment opportunity
Modern shop unit
Established tenant
Busy parade
Offers in excess of £300,000
Description
A fantastic commercial investment property with an established tenant. This is a rare chance to acquire a prime retail investment with an income. The property is let to dp Reality operating Dominos Pizza, one of the UK's most recognizable and successful quick-service restaurant brands.
Location
This property is located on Station Lane which is a high-footfall area with excellent visibility and customer access. Ideally situated just moments from Pitsea Railway Station, the property offers easy access to London and Southend. Pitsea is a town in the Basildon borough of Essex, England, located approximately 30 miles east of central London with excellent rail connections to london via c2c services. The town has a population of roughly 10,000-15,000 residents as part of the wider Basildon urban area
Terms
The property is let to dp Reality operating Domino's Pizza and achieves a rental income of £22,000 per annum with recently and a further upward only rent review on 29th April 2029. The original lease term was 20 years with 9 years remaining with no further break dates.
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