990 sq.ft ( 91.97 m2 )
The property is situated on a busy parade adjacent to Upminster town centre and within a short distance of the District Line/C2C station. The property is close to Waitrose supermarket and neighbouring commercial occupiers include Roomes Department Store, Costa Coffee, Greggs and independent restaurants as well as a range of estate agents, hair and beauty salons and general retailers.
The property comprises a ground floor commercial/retail unit and various treatment rooms to the rear. There is a large two bedroom residential flat situated over the first and second floors.
The ground floor is let to a Chinese Treatment/Herbalist on a 6 year lease from 2023 at £23,000pa (rising to £24,000pa after 3 years).
The flat is currently let on an Assured Shorthold Tenancy to long term tenants at a rent of £1,325 per calendar month.
£629,950 for the freehold interest. Subject to Contract.
The ground floor use falls within Class E of the Use Classes Order.
| Shop and Premises | £15,250 |
|---|---|
| UBR (2023/2024) | 0.499 |
Each party to pay their own legal costs. The purchaser will be required to provide an undertaking prior to issue of draft legal documents to pay the lessor's and Mass & Co's abortive costs should they withdraw.
Not applicable
101-125 | This is how energy efficient this building is |
|---|
Strictly by prior arrangement with Mass & Co - Graham Green on 01277 201300 or graham@massandco.com
Mass & Co Ltd for themselves and also as Agents for the seller(s)/lessee(s) of this property give notice that:
The Royal Institution of Chartered Surveyors was founded in 1868 and is now responsible for around 134,000 members worldwide. Its members are subject to regulation and periodic review as well as operating to strict Rules of Conduct.
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