Property for sale
Key information
Property description & features
- Tenure: Freehold
- 4+ year commerical lease for shop currently running providing £11000 a year
- Large shop that has been an established commercial unit for years
- Well used parade of shops in Rayleigh, close to the large new build development on Wolsley Park and London Road.
- Within walking distance to Rayleigh Station
- Freehold will be sold included in the purchase
Welcome to this exceptional property that offers a lucrative investment opportunity in the heart of Rayleigh. This versatile property boasts a well-established commercial unit currently hosting a thriving shop under a 4+ year commercial lease, generating an annual income of £11,000.
Situated in a prime location within a popular parade of shops in Rayleigh, residents will enjoy the convenience of being a stone's throw away from the bustling new Wolsley Park development and London Road. With the added advantage of being within walking distance to Rayleigh Station, commuting is a breeze, making this property a desirable choice for investors.
Sold with the entire freehold, this property presents a rare opportunity to secure a lucrative investment with multiple income streams in a vibrant and sought-after community. Don't miss out on the chance to own a piece of Rayleigh's thriving commercial landscape.
Lock up Shop Unit (109 London Road)
Ground Floor - front trading/sales area with serving counters, central storage/service area with walk-in
cold room, separate service/kitchen area, rear preparation/storage room with back door, rear lobby providing access to three walk-in freezers/chiller cabinets (none inspected as inaccessible to our valuer).
Separate outside WC.
The ground floor accommodation
(including the outside WC) a gross internal floor area of approximately 973 square feet / 90.37 square metres and with an estimated ITZA area of approximately 503 square feet / 46.73 square
metres.
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Property reference 9b7ca53a-4cbe-4904-9dab-be2f7c5ffd04. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Nest In Essex - Rayleigh.
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Broadband availability and predicted speed: obtained from Ofcom on January 5, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 5, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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