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RAYLEIGH ROAD, EASTWOOD

0.00 - 805.00 Sq Ft
£220,000
  • Ref: 16279
  • Type: Retail
  • Availability: For Sale
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Property Summary

The property comprises a lockup shop with a self contained two bed flat located within an established retail parade fronting Rayleigh Road, Eastwood.

The premises are let to Homemade Bakery (Essex) Limited on a full repairing and insuring lease for a term of seven years expiring in November 2023 at a rent passing of £13,000 per annum. The flat is self contained with a rear entrance and the lease provides for the tenant to sub-let the flat , subject to obtaining the freeholder's consent.

RECOMMENDED - RENT PASSING £13,000

Full Details


LOCATION
The premises are located on the north of Rayleigh Road, Eastwood.

DESCRIPTION
A tenanted shop and flat let on a commercial lease

ACCOMMODATION
GROUND FLOOR
SHOP WIDTH 6.1M.
SHOP DEPTH 9.2m.
REAR STORE ROOM 4.5m. x 2.6m.
Lobby
W.C.
REAR STORE ROOM

FLAT
Two bed flat over

EXTERNALLY
REAR VEHICULAR ACCESS

TERMS
Offers in excess of £220,000 are required for our client's freehold interest in these premises and with the benefit of the tenancy in place.