Commercial investment opportunity with an established tenant.
Summary
- Commercial investment opportunity
- Modern shop unit
- Established tenant
- Busy parade
- Offers in excess of £270,000
Accommodation
The accommodation comprises the following areas:
| Building Type | sq ft | sq m | Availability |
| Investment | 1,128 | 104.79 | Available |
Location
This property is located on Station Lane which is a high-footfall area with excellent visibility and customer access. Ideally situated just moments from Pitsea Railway Station, the property offers easy access to London and Southend.
Pitsea is a town in the Basildon borough of Essex, England, located approximately 30 miles east of central London with excellent rail connections to london via c2c services. The town has a population of roughly 10,000-15,000 residents as part of the wider Basildon urban area
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Mainline Stations
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Pitsea5 mins
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Basildon40 mins
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Benfleet55 mins
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Laindon66 mins
Underground Station
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Shenfield170 mins
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Brentwood182 mins
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Ockendon186 mins
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Chafford Hundred208 mins
Further Information
Price Offers in excess of £270,000
Rates Payable £12,350.25 per annum Interested parties are advised to confirm the rating liability with the relevant local authority
Description
A fantastic commercial investment property with an established tenant. This is a rare chance to acquire a prime retail investment with an income. The property is let to DP Reality operating Dominos Pizza, one of the UK's most recognizable and successful quick-service restaurant brands.
Terms
The property is let to DP Reality operating Domino's Pizza and achieves a rental income of £22,000 per annum with recently and a further upward only rent review on 29th April 2029. The original lease term was 20 years with 9 years remaining with no further break dates.
Viewings
Strictly by prior appointment via the landlords appointed agents Ayers & Cruiks.
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