icons_size_white icons_size

146-152, London Road, Grays, RM17 5YD

Guide price: POA|Auction date: TBC|Lot: -|Other, Residential, Retail, Mixed use, Other Property Types & Opportunities


ADDRESS146-152 London Road, Grays, RM17 5YD
TYPEOther, Residential, Retail, Mixed use, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON13th December 2019


**Unsold, please refer to Auctioneer**

A Substantial Mixed Use Investment Producing £78,228 per annum with Potential for Rental Uplift to £91,000 per annum Comprising 4 x Retail Units & 7 x Self-Contained Flats (3 x Studio Flats, 1 x Two Bed & 3 x Three Bed Flats) and a Site and Workshop to the Rear Measuring Approximately 4,230 sq ft. T

146 - 152 London Road comprises a two storey mixed-use building consisting of 4 x A1 retail units at ground floor level and 7 x residential units located to the rear and above the retail units. There is a site and workshop to the rear measuring approximately 4,230 sq ft. which offers a potential redevelopment opportunity (subject to obtaining any relevant consents).




The property occupies a prominent position on the corner of London Road and Parker Road a predominantly residential road in Grays. The open spaces of Grays Beach Riverside Park are nearby. Transport links are provided by Grays rail station.


146 & 146B - Shop Unit & Two Bedroom Flat
148 & 148A & 148B - Shop Unit, Studio Flat & Three Bedroom Flat
150 & 150A & 150B - Shop Unit, Studio Flat & Three Bedroom Flat
152 & 152A & 152B - Shop Unit, Studio Flat & Three Bedroom Flat


A feasibility study on the rear site has been produced to show potential for a three-storey residential block comprising 7 residential units (3 x 1 bed and 4 x 2 bed units). Further planning enquiries should be directed to Thurrock Council. A positive pre-application letter from the local council can be found in the legal documents.


The shop units and residential upper parts are all let on a variety of leases and Assured Shorthold Tenancies, the details of which can be found in the legal documents. The total combined current rent is £78,228 per annum.

Current Rent Reserved

Current Rent Reserved £78,228 per annum. Potential ERV of £91,000 per annum.


Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.


Location: 146-152 London Road, Grays, RM17 5YD

Upminster (6.2 miles)

Upminster Bridge (6.6 miles)

Hornchurch (6.7 miles)

Grays (0.4 miles)

Swanscombe (2.0 miles)

Tilbury Town (2.0 miles)


What do you think of our website?
Complete our survey and
you could win £1000
Start here