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EASTWOOD ROAD, RAYLEIGH

2,610.00 Sq Ft
£495,000
  • Ref: 17615
  • Type: Retail
  • Availability: For Sale
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Property Summary

We are delighted to offer these freehold retail premises which have been in the same ownership for many years.

The property occupies a bold position on the south side of Eastwood Road, close to its' junction with Castle Road and within easy walking distance of Rayleigh High Street. The premises current comprise a retail showroom on ground and first floor having being our clients ownership for many years.

We are advised that our clients are submitting planning permission to convert the first floor showroom in to 2 flats and there may be potential to develop to the rear , subject to the necessary planning consent. Please use the following planning reference: (20/00560/FUL).

There is a crossover for customer parking to the front of the premises. Rayleigh High Street is close by and retailers close by include M & S Food and Poundstretcher together with a mix of national, regional and local traders within walking distance.

UNUSUAL OPPORTUNITY TO ACQUIRE THESE FREEHOLD PREMIS

Full Details

LOCATION
The property is located on the south side of Eastwood Road, close to its' junction with Castle Road and within walking distance of Rayleigh High Street

DESCRIPTION
A freehold retail showroom on ground and first floors with development potential (subject to pp.)

ACCOMMODATION
ACCOMMODATION

GROUND FLOOR
Front sales 36'2" x 27'4" Suspended ceiling wall mounted heater (not tested) Staircase to first floor sales
Steps up to
Rear sales 19'5" x 11' + 11'4" x 36'
Hallway 5'8" x 16'6"
Kitchen 9'11" x 9'4" Door to rear garden

GROUND FLOOR AREA 1766 SQ.FT. (164 SQ.M.)

FIRST FLOOR SALES(approached via a staircase from the front sales)
Front sales 14'2" x 38'9"
Front room 11'4" x 15'4"
Rear sales 9'10" x 13'1"

FIRST FLOOR AREA 846 SQ.FT. (78 SQ.M.)

EXTERNALLY
Forecourt parking for 4/6 cars
Rear garden (approximately 100') Laid to lawn

SERVICES
Mains electricity and water

TERMS
Offers in the region of £495,000 re required for our client's freehold interest in these premises with vacant possession on completion.

N.B. The property is VAT elected

OUTGOINGS
The rateable value is £19,500 whichis chargeable at 49.6p. in the pound for the rating year to April 2021.

VAT
The property is VAT elected.

LEGAL COSTS
Each party to be responsible for their own legal costs.

SERVICE CHARGE
Not applicable

PARKING NOTES
Forecourt parking

PLANNING
A1 retail

VIEWING
Prior telephone appointent