, CM15 0NG

FOR SALE FREEHOLD INVESTMENT - BUDGENS CONVENIENCE STORE & TWO FLATS

Size : 1,471 sq.ft - 3,893 sq.ft ( 136.66 m2 - 361.67 m2 )

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.

Connivance Store

Ground Floor 3893 sq.ft

First Floor 1471 sq.ft

Total Sales Area 5364 sq.ft

Flats

Flat 74A 570 sq.ft

Flat 76A 570 sq.ft

Terms

The convenience store, first floor storage and two garages are let on a 15 year lease to Zingzone Limited (Company Number 05774121) being on effective full repairing and insuring terms from 16 November 2018 at a rent of £56,000 per annum subject to 5 year rent reviews. The tenant has a break option effective 16 November 2028 subject to giving at least six months notice. Robert Avery is Guarantor to the Lease.

The two flats are let to Elliot Leigh Property Management Limited on 3 year tenancies at £9,000 per annum (no fees) each.

Price

£1,250,000

Service Charge

A service charge may be applicable in respect of this property. Further details on request.

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Legal Costs

Each party to bear their own

VAT

All rents and prices stated are subject to Value Added Tax.

Energy Performance Asset Rating

EPC Awaited

0-25

26-50

51-75

76-100

101-125

126-150

Over 150

Viewing & Further Information

Strictly by prior arrangement with Mass & Co. Contact;

Mark & Co Ltd for themselves

and also as Agents for the seller(s)/lessee(s) of this property give notice

that:

a. the particulars are produced in good faith, are

set out as a general guide only and do not constitute any part of the contract.

b. no person in the employment of Mass & Co Ltd

has any authority to make or give representation or warranty whatever in

relation to this property.

c. applicants who make offers which are

subsequently accepted by the seller(s)/lessee(s) will be subjected to personal

and financial checks which satisfy Anti-Money Laundering Regulations. Such

checks are conditional to the transaction.