The unit forms part of a mixed use scheme with a variety of neighbouring commercial users on the ground floor and residential accommodation above. The unit has been finished to a shell and core specification with a glazed frontage including two sets of double doors and utility supplies capped at source.
Location The property is situated on Station Road just off the B1464 and approximately 0.2 miles from the A13 Pitsea Junction. It lies approximately 0.3 miles from Pitsea Station where regular direct trains serve London Fenchurch Street Station with journey times from 40 minutes. The scheme is adjacent to Tesco Extra, and other occupiers in the vicinity include TSB Bank, Dominoes, Aldi and KFC.
Accommodation We have measured the premises in accordance with the RICS Code of Measuring Practice and calculate the following: Gross Internal Area: 2,058 Sq. Ft. (191.3 Sq. M.)
Services We understand the property is connected to mains water, drainage and electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.
EPC G - 166.
Agent's note - the property is in shell and core condition and has not been fitted out. Therefore we are of the view that this EPC rating is not reflective of a modern fit out which an ingoing purchaser would undertake. Respective parties are advised to make their own enquires.
Local Authority Basildon Borough Council Basildon Centre, St. Martins Square SS14 1DL T: 01268 533333
Business Rates The property is listed in the Valuation Office Agency Rating List as follows:
Rateable Value: £20,000 Approx. Rates Payable (2019/20): £ 9,820 pa
Planning The scheme was granted consent under application: 08/01129/FULL and included '5 commercial units'. Interested parties are advised to contact the local authority for clarification.
Service Charge There is a service charge to cover the upkeep of the common areas of the scheme which the purchaser will be liable for.
VAT We understand that the property is elected to VAT.
Tenure 125 year Long Leasehold Interest with an initial ground rent of £300 per annum subject to reviews.
Terms The Long Leasehold interest is being marketed by way of private treaty at a guide price of £275,000.
Legal costs Each party to bear their own legal costs. ( Agency Pilot Software Ref: 14869112 )