The Pantiles, Billericay

£195,000

The property comprises a single storey retail unit located on The Pantiles which is a retail complex serving a well populated residential area in Billericay. Other occupiers include Boots (opposite corner) and the Co-Op. The complex benefits from a customer's car park with free parking for up to two hours.These premises are trading as a florist and are hold on a FRI commercial lease expiring in May 2028.Our client holds these premises on a head lease for a period of 99 years with effect from 24th June 1985. Ground rent details on request. CURRENT PRODUCING £18,000 PER ANNUM EXCLUSIVE

Full Description
A single storey retail unit located within The Pantiles

accommodation
SALES AREA 6.25 M. X 8.43M.( loft hatch with storage)
STORE ROOM (inc. cold store ) 6.25m. x 4.14m.
W.C 1.25m. x 3.62m

EXTERNALLY
Small external bin area

Location
The premises are located on The Pantiles in Billericay

Services
Mains water and electricity

Terms
£195,000 is required for our client's long leasehold interest in these premises and subject to the tenancy that is in place

Viewing
Prior telephone appointment

Rates
The rateable value from April 2023 is £16,750. The uniform business rate in the pound is yet to be confirmed.

VAT
The premises are not VAT elected

Legal Costs
Each party to be responsible for their own legal costs.

Parking Notes
Good size customer car parking to the rear (2 hours)