icons_size_white icons_size
The UK's leading real estate marketplace
Price
Any

Price

Size
Any

Size

Commercial properties for sale in East Thurrock Road, RM17

Create Alert 14 results Sorry, we currently do not have any listings for sale in 0 miles of East Thurrock Road, RM17 - Please find below the nearest listings available.
For Sale£950,000.00
• Located in an affluent London borough

• Prominent position on the High Street

• Development opportunity with low site cover of approx. 40%

• Freehold

• Offers in the region of £950,000, subject to contract



Location

Chislehurst is an affluent suburb in South East London, within the London Borough of Bromley. It is situated approximately 22 km (14 miles) north of Central London, 5 km (3 miles) east of Bromley and 2.4 km (1.5 miles) south-west of Sidcup.

Chislehurst benefits from good road communications being located 1.6 km (1 mile) west of the A20 which provides a direct link to the M25/M20 Intersection approximately 9.6 km (6 miles) to the south-east. Chislehurst can also be accessed via the A208 from Mottingham, B263 from New Eltham and A222 from Bromley.

In addition, there are frequent rail services to London Charing Cross and London Cannon Street with a fastest journey time of approximately 30 minutes. London City Airport is located approximately 13 km (8 miles) to the north and Gatwick Airport some 43 km (27 miles) to the south-west.


Situation

The subject property is situated in the heart of Chislehurst occupying a prominent position on the High Street, close to its junction with Park Road. Chislehurst Railway Station is approximately 1.6 km (1 mile) to the south. Surrounding occupiers include Costa, Kinleigh Folkard & Hayward, Santander, Sainsbury’s, Lloyds Pharmacy, Café Nero and Cote Brasserie.


Description

The property comprises a 2-storey mid-terraced mixed-use building currently arranged over and first floor levels.

The ground floor comprises a double-fronted retail unit.

The first floor comprises two self-contained residential flats which are currently vacant. The flats are accessed from the rear of the property, via Queens Road.

The property benefits from a substantial garden and parking to the rear.


Development Potential

As shown from the aerial photographs, the property benefits from a substantial rear area. With the current site cover of approximately 40%, we suggest that the property offers potential for extension and development on the rear site, subject to appropriate consents. It should be noted that a modern residential scheme runs parallel to the rear undeveloped section of the property, indicating the potential. This is clearly visible from the aerial photographs.


Accommodation

The property has been measured by BKR Floor Plans and provides the following floor areas:

Ground Floor

Gross Frontage 7.32m 24’0”
Net Frontage 6.45m 21’2”

Zone A 41.81sq m 450 sq ft
Zone B 43.01 sq m 463 sq ft
Zone C 9.57 sq m 103 sq ft
ITZA 707
Ground Floor Total (NIA) 94.39 sq m 1,016 sq ft
Gross Internal Area (GIA) 99.59 sq m 1,072 sq ft

First Floor

Flat 22A 40.78 sq m 439 sq ft
Flat 24A 40.32 sq m 434 sq ft
First Floor Total (GIA) 81.10 sq m 873 sq ft

Plot Size 307.88 sq m 3,134 sq ft

The measured survey report is available to download and will be assigned to a purchaser at a cost of £435 + VAT.


Tenure

Freehold


Tenancy

The ground floor shop is let to Dianne Yarlett, trading as Fortvny (ladies wear) on an effective full repairing and insuring lease for a term of 5 years from 11th January 2019, expiring on 10th January 2024. The current passing rent is £38,000 per annum. The tenant has the right to use two car parking spaces within the rear car parking area.

The residential accommodation is vacant.


Market Commentary

We suggest that the existing residential accommodation has the potential to generate an income of £1,000 per month per flat. In addition, we suggest that the existing one-bedroom flats have the potential for capital values in the region of £250,000 in a refurbished condition.


VAT

The property has been elected for VAT.


Proposal

We are instructed to seek offers in the region of £950,000 (Nine Hundred and Fifty Thousand Pounds), subject to contract, for the freehold interest.

The asking price represents £488 per sq ft on the existing gross internal area.

Allocating an investment yield of 6% to the retail accommodation equates to a value of only £350,000 in relation to the upper parts. This equates to £400 per sq ft in respect of the existing residential accommodation compared to sale values suggested in the region of £575 per sq ft / £500,000. These figures exclude allocating value for the rear land of approximately 1,880 sq ft / 184 sq metres.

Assuming rental values of £1,000 per month for each flat, when refurbished, the property within the existing structure has the potential to produce a gross income £62,000 per annum. Based upon the asking price, this represents a gross yield of 6.5%.


Please note that a purchaser will be re-charged the costs of searches and surveys which are provided in the data room.

Please note a purchaser will be charged a transaction fee of £3,750 + VAT.


Investment Considerations

1. An opportunity to acquire a freehold retail and residential investment offering development opportunity;

2. The property is located within an affluent London borough in a prominent position on Chislehurst High Street;

3. The property has a low site cover;

4. The asking price reflects an attractive capital value and potential income return;

5. An attractive lot size to an investor;
London Retail / Residential Investment with Development Potential
Type: Residential, Land, Retail, Mixed use, Commercial Land, Other Property Types & Opportunities
Location: 22-24 High Street, BR7 5AN
Size: 99.59 Sq M
Images: 17
Brochures: 1
View Property
For Sale£3,500,000.00
Must See
Recently developed mixed-use building located circa 0.3 miles from Chadwell Heath Station

Comprising 2 commercial units and 60 residential apartments (50 sold off, 10 let on ASTs) producing a total rental income of £224,000 per annum

Outline planning permission for the construction of 16 additional residential apartments within the car park area

Offers invited in excess of £3,500,000 for the freehold interest
Investment & Development Opportunity For Sale
Type: Mixed use, Residential, Other Property Types & Opportunities
Location: Spectrum Building, Freshwater Road, Dagenham, RM8 1EH
Images: 1
View Property
For Sale£1,100,000.00
•FREEHOLD FOR SALE
•D1 USE
•PLACE OF WORSHIP / COMMUNITY / CHILDCARE / EDUCATION / MEDICAL
•GRADE II LISTED
•GROUND - 2150 sq.ft (199.74 m2)
•FIRST - 750 sq.ft (69.68 m2)
•LARGE GARDEN/YARD
D1 BUILDING FOR SALE - GRADE II FREEHOLD
Type: Healthcare, Mixed Use, Other, Other Property Types & Opportunities
Location: 383 Barking Road, E13 8AL
Size: 2000 - 2900 Sq Ft
Images: 4
Brochures: 1
View Property
For SalePOA
Offering these two delightful brand new two bedroom semi-detached homes conveniently located on this popular residential road.

These ground floors of these homes comprise of superb reception / dining rooms, separate kitchens and a handy downstairs cloakroom. On the top floor there are two double bedrooms and a sleek bathroom. The properties benefit from private garden space, off street parking and would make an ideal first time purchase.

Bexleyheath is home to the borough’s largest shopping facility, providing high-street names, and convenient supermarkets. In the town centre there is a range of delightful restaurants and pubs and amenities such as a bowling alley and a cinema to enjoy. The popular Barnehurst Golf Club is also within easy reach. Barnehurst Station is just a short walk away, providing excellent transport links into London stations such as Charing Cross, Cannon Street and Victoria.

Contact Kallars on 020 3848 1399 or email landandnewhomes@kallars.com for more information.
Plots For Sale - Bexleyheath, DA7
Type: Residential, Land, Commercial Land
Location: 72a Eversley Avenue, DA7 6RF
Images: 1
View Property
For Sale£1,000,000.00
The property comprises a middle terrace 2 storey commercial building. The ground floor measuring c2000 sqft is used as a restaurant within the Use Class A3 (Retail) and the 1st floor for staff accommodation.

Location
The property occupies a prominent position on the High Road (A118) in Ilford, within the London Borough of Redbridge. The immediate area comprises a mix of commercial and residential uses, and is currently undergoing extensive regeneration.

Ilford town centre is located approximately 0.25 miles (circa 5 minute walk) to the west of the site, offering numerous shops and restaurants as well as Ilford Exchange Shopping Centre.

Ilford Station is located circa 0.5 miles to the west and Seven Kings Station is located circa 0.8 miles to the east. Both now operate Crossrail / Elizabeth Line services with journey times including:

Ilford to Canary Wharf: 17 minutes
Ilford to Bond Street: 24 minutes
Ilford to London Liverpool Street: 18 minutes

Tenancies
The entire property is let on a 10 year FRI lease from December 2016 with a break clause in March 2021.

The initial rent is £59,000 per annum subject to rent review in March 2021.

Tenure
The property will be sold freehold with the existing tenant remaining in-situ.
FREEHOLD INVESTMENT OPPORTUNITY WITH DEVELOPMENT POTENTIAL (subject to planning permission)
Type: Residential, Retail
Location: 307-309 High Road, Ilford, IG1 1NR
Images: 5
View Property
For SalePOA
•FREEHOLD FOR SALE
•FULLY LET Prod. £411,799 pax
•ARRANGED AS A RETAIL ARCADE
•8.24% YIELD
•LANMARK BUILDING
•SCOPE TO INCREASE RENTAL INCOME
DAMINIS MALL - COMMERCIAL INVESTMENT FOR SALE
Type: Retail, General Retail, Retail - High Street, Shopping Centre Unit, Showroom, Other, Other Property Types & Opportunities
Location: 277a Green Street, E7 8LJ
Images: 4
Brochures: 1
View Property
For SalePOA
•COMMERCIAL INVESTMENT
•SHOP & 1st FLOOR FLAT
•SHOP PROD £15,000
•2 BED FLAT WILL VACANT
•SCOPE FOR ADDITIONAL FLAT AT REAR
•BUSY LOCAL PARADE
Commercial Investment FOR SALE
Type: General Retail, Mixed Use, Retail, Other Property Types & Opportunities
Location: 107 Manor Lane, SE12 8LT
Images: 3
Brochures: 2
View Property
For Sale£1,350,000.00
Location
The parade of which the property forms part is situated on the north side of Church Lane at its junction with All Saints Close. Doddinghurst Infant and Junior Schools lie on the opposite side of the road. Brentwood lies approximately 5km to the south.

The premises are conveniently located to serve the local community and surrounding villages.

Accommodation
Purpose built convenience store and post office at the end of a parade of six small shop units with residential there-over. The demise includes two self-contained, vacant flats. Additionally, there are two garages which are situated to the rear of the premises. To the front of the parade there is customer parking for approximately 25 vehicles. To the rear there is a service area.
FOR SALE FREEHOLD INVESTMENT – BUDGENS CONVENIENCE STORE & TWO FLATS
Type: Residential, Office, Offices
Location: 74-76 Church Lane, Brentwood, CM15 0NG
Images: 4
Brochures: 1
View Property
For SalePOA
Must See
The existing property is a 3 storey building comprising a pub across basement and ground floor level and a 23 room Hotel across first and second floor extending to 10,200 sqft GIA.

The property is located on Woolwich Road and is approximately a 2 minute walk from Charlton Overground Railway Station which provides services into London Bridge in 22 minutes.

The building is situated on a landmark corner plot and is a 2 minute walk from Charlton Athletic Football Club (The Valley) with seating capacity for 27,111 and hosting regular matches.

Planning permission was granted in August 2017 for 8 x flats and 2 x commercial units. Planning reference: 15/2272/FUL.

Planning permission has been submitted utilising the same massing as the approved residential scheme for the conversion of the existing hotel and construction of a third floor to create a 60 room hotel and retention of the original pub at ground floor level. Planning reference: 18/2673/F.

The proposal involves conversion of existing hotel with side extension and erection of an additional floor to accommodate 60 hotel rooms. At ground floor level the public house will be refurbished, with the smaller function room being converted into additional hotel rooms. The remaining ground floor will comprise 12 x rooms . There will be 17 x rooms at both first and second floor and 14 x rooms at roof level.

The proposal will extend to 17,771 sqft GIA.

We are aware that the existing hotel charges a blended rate of £60 per night giving the hotel an ERV of c. £503,000 pa. Based on Comparable evidence we are of the opinion that the 60 unit scheme finished to a good specification would be able to achieve a blended rate per night of £120 giving it an ERV of £2,628,000. (this is based on 100% occupancy).

The property is available freehold with vacant possession.

We are aware that the property is not elected for VAT.


PUB AND 23 ROOM HOTEL WITH POTENTIAL TO INCREASE TO 60 ROOMS
Type: Hotel, Residential, Leisure Property, Hotels, Pubs/Bars/Clubs, Mixed Use, Pubs/Bars/Clubs, Licensed & Leisure, Other Property Types & Opportunities
Location: Woolwich Road, London, SE7 8SU
Images: 9
View Property
For Sale£900,000.00
Main high road Chigwell
massive restaurant and private hall
around 130 covers
plenty of storage spaces
2 units of 2 bedrooms flats
property requires work

License Type: A3
Floor Area: 2000 sqft
First Floor Storage : 600sqft
Cold Rooms: 5
Rates: please refer to council
Rental value of the restaurant and flats : £45,000pa
More than 5% rental yield
Development opportunity
Viewing STRICTLY by appointment

NOTICE:-
You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the Dee Estates UK Ltd express prior written consent. The Dee Estates UK Ltd copyright must remain on all reproductions of material taken from this website or any other source.

Disclaimer:
These particulars do not constitute, nor constitute any part of, an offer or contract. All statements contained in these particulars as to this property are made without responsibility on the part of or the vendors or lessors. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All measurements have been taken as a guide to prospective buyer only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Kindly inform us if you become aware of any information being inaccurate.

Restaurant and 2 units of 2 bedrooms each flats on the top high road- Chigwell ---Viewing STRICTLY by appointment
Type: Flat, Restaurant/Cafes, Mixed Use, Residential, Other Property Types & Opportunities
Location: High Road, Chigwell, IG7 6QQ
Size: 2000 Sq Ft
Images: 14
View Property
For Sale£350,000.00
RETAIL /LEISURE INVESTMENT OPPORTUNITY

FREEHOLD

FOR SALE
Approx. 2,882 SQFT (267.89 SQM)
LOCATION

Borough Green is a large village situated in West Kent, in the Tonbridge and Malling district. The village is well situated on the A25 Road, connecting the towns of Maidstone and Sevenoaks.

The premises are situated in the High Street, Borough Green close to the town’s shops and within walking distance of the main line station.

DESCRIPTION

49 High Street – Lower Ground Floor Restaurant (VACANT)

Comprising a separate lower ground floor and basement fitted out as a restaurant and set within a substantial and prominent building of traditional red brick and rendered construction beneath a riled roof. The premises are currently vacant.

The restaurant is primarily open plan. There are a number of kitchen items that may be included with the letting/sale subject to terms agreed. The building is connected to gas, electricity, water and drainage (not tested).

49 High Street – Ground Floor Bar/ Café

Comrpises a large open plan bar premises with male and female WCs and ancillary storage areas to the rear.

Lease details

Tenant: Mr. Paul Hamilton Bowman and Irina Bowman
Term: 5 years from 28.06.2011 (a new lease is currently being negotiatied)
Passing rent: £20,000 per annum
UPPER PARTS

The upper parts comprise 3 flats which have been sold off on long leases. There is on street parking to the front of the building.

It is understood the flat leases are 99-years with terms commencing 1998 (approx. 79 years remaining). Each flat currently pays a ground rent of £100 per annum.

FLOOR AREAS

The units have the following approx. gross internal floor areas:



FREEHOLD SALE

We are instructed to seek offers in the order of £350,000 exclusive, for the freehold interest, subject to contract.

BUSINESS RATES

Lower Ground – Rateable value of £16,750
Ground Floor – Rateable value of £9,350

COMMERCIAL EPCS

Basement 49 High Street – Rated G with a score of 151

Ground Floor 49 High Street – C with a score of 53


49 HIGH STREET BOROUGH GREEN, KENT TN15 8BT
Type: Retail, Leisure
Location: 49 High Street, Sevenoaks, TN15 8BT
Size: 2882 Sq Ft
Images: 1
Brochures: 1
View Property
For Sale£125,000.00
FREEHOLD FOR SALE - RETAIL INVESTMENT OPPORTUNITY
53, Days Lane, Sidcup, DA15 8JL
Type: Retail, Flat, Retail - Out of Town, Residential
Location: 53 Days Lane, Sidcup, DA15 8JL
Size: 294 Sq Ft
Images: 1
Brochures: 1
View Property
For Sale£525,000.00
Main Orsett Road
Freehold
Rental income of £30,000pa
Excellent Buy to Let Investment
Viewing STRICTLY by Appointment


Ground Floor Mini Market :
Around 1000 sqft
7 units of 120sqft each
Rented commercial units on license to occupy
Ideal for Grocery shop

First Floor Maisonette :
One bedroom spacious Maisonette
First Level :
Lounge: 15 x 12
Kitchen and Diner : 10 x 9
Toilet & Bathroom

Second Level:
Bedroom: 14 x 12

For viewing please contact Dee Estates on:
0207 060 3366 – 07711 222 900
(Monday to Saturday STRICTLY between 9am to 7pm)




NOTICE:-
You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the Dee Estates UK Ltd express prior written consent. The Dee Estates UK Ltd copyright must remain on all reproductions of material taken from this website or any other source.

DISCLAIMER:
We have tried to make our property particulars correct and reliable however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective renter only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Kindly inform us if you become aware of any information being inaccurate.
Commercial and Residential unit in the heart of Grays town-- Freehold--Viewing STRICTLY by Appointment
Type: Flat, General Retail, Residential, Retail
Location: Orsett Road, Grays, RM17 5DL
Size: 2000 Sq Ft
Images: 14
View Property
For Sale£225,000.00
DESCRIPTION
A ground floor lock-up shop unit in a terraced parade with rear garden and garage. Above the shop unit is a separate maisonette, sold off on a ground lease at a peppercorn rent. Service access to the rear is gained via Jackson Road. We are informed that the shop has been used as a hairdresser’s for over 30 years.

ACCOMMODATION
Ground floor
SHOP Internal width: 5.74m (18’ 3”)
Internal depth: 7.92m (26’ 0”)
Net sales area approx: 41.80m2 (450ft2)
TREATMENT ROOM: 6.50m2 (70ft2)
KITCHEN: 6.50m2 (70ft2)
TOILETS:

First & Second floors
MAISONETTE: Sold on a Ground Lease

Outside
REAR GARDEN: mainly grassed, approximately 12.20m x 9.14m (40’ 0” x 30’ 0”)
LOCK UP GARAGE.
BROMLEY COMMON BR2 8NQ: Freehold retail investment, main road parade, lock-up shop with residential ground rent & lock up garage
Type: Retail - Out of Town, Retail
Location: 141 Hastings Road, BR2 8NQ
Size: 590 Sq Ft
Images: 1
Brochures: 1
View Property
close
What do you think of our website?
Complete our survey and
you could win £1000
Start here