The Chase, Rayleigh
£14,400 pa
Located within the vibrant community of The Chase in Rayleigh, this retail property presents an excellent opportunity to establish a presence in a high volume residential area. Spanning 710 square feet of retail space with additional lean-to storage to the rear.Previously operating as a convenience store, the space is well-suited for various Class E uses, subject to the landlord's consent. This flexibility allows for the potential to introduce a fresh concept to the local community, enhancing the area’s retail offering. However, it is important to note that uses such as another convenience store or hot food takeaway/restaurants will not be considered.The property is currently vacant and available for viewing. With its prime location surrounded by a heavily residential neighbourhood, this retail space is poised to attract a steady flow of customers, making it a promising investment for those looking to make their mark in Rayleigh. Whether you are an established business looking to expand or a new venture seeking a welcoming environment, this property offers the perfect setting to thrive.
Features
- Retail space in The Chase
- Class E uses considered
- 710 sq ft of space
- Vacant and ready to view
ACCOMODATION:
MAIN SALES AREA: 26'1" REDUCING TO 19'9" X 27'2"
W/C
REAR STORAGE AREA: 20'2" X 18'7" PLUS AN ADDITIONAL 88 SQ.FT OF STORAGE SPACE.
GROSS INTERNAL FLOOR AREA: 710 SQ.FT (66 SQ.M)
TERMS:
To be let on Licence to Sublet for a term to be agreed. The current lease offers 5 years from April 2026 to April 2031 at a rent of £14,400 Per Annum.
The ingoing Tenant will be responsible to contribute a fair proportion of costs in relation to the Landlords legal fees to prepare the Licence to Assign.
BUSINESS RATES:
The April 2026 to present business rates are: £10,000 and are chargeable at 0.49p in the pound. Small Business Rates Relief may apply.
SERVICES:
Mains Electricity & Water.
VIEWING ARRANGEMENTS:
Viewing arrangements via Hair & Son Limited (Commercial): 01702 394959 (Opt 3).