36 Bridge Road, Grays, Essex, RM17 6BU
Guide Price*
£225,000+
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An End of Terrace Freehold Commercial Building Producing £12,000 Per Annum and a Residential Ground Rent Reversionary Investment (Two Leases Being 63 Years)
Description
The property comprises an end of terrace lock up shop situated over basement, ground and first floors. The property is part of an established shopping parade located in a predominately residential area. The property is subject to an FRI lease to Mah Pharma Limited (T/A Steve's Chemist) for a term of 15 years commencing 19th June 2017 at a rent of £12,000 per annum. The first floor comprises two x 2 bedroom flats sold on leases that have 63 years remaining.
An approx. 13.75 sqm (148 sq ft)
Ground Floor
Shop
An approx. 42.45 sqm (457 sq ft)
Total - An approx. 56.2 sqm (604 sq ft)
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Agreement Documents
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