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Unit 14, Clarence Road Clarence Road, Grays, RM17 6QE

£ 20,000 pa / 1,308 sq ft
Use Class

Use Class

E

Size

Size

1,308 sq ft

Rent pa

Rent pa

£20,000

Prime shop to let arranged over ground and first floor.

Grays Shopping Centre is the primary trading location within Grays. The property is located on Clarence Road. Nearby tenants include Cash Generator and Bet Fred. There is a multi-storey car park that forms part of the shopping centre providing 825 car spaces. South Essex College opened in September 2014 on a new £45million campus in the centre of Grays which accommodates 3,000 students and staff. There are proposals to extend the College further and the possibility of the College being granted university status.

Key Information

Viewing

Strictly by appointment.

Accommodation

1,308 Sq.Ft

The property has the following approximate floor areas:

Areas
Sq.Ft
Sq.M
Ground Floor
904
84
First Floor
404
37.5

Financial

Lease Type

New Lease

Lease Term

The unit is available on an effectively full repairing and insuring lease for a term to be agreed, subject to 5 yearly upward only rent reviews.

Rent

Subject to contract, rental offers are invited in the region of £20000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

We are electronically informed that the rates are as above. Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Service charge

A full service charge is also payable on the unit, and is currently running at £4,680 per annum.

Tenure

Leasehold

Rates

Rateable Year:
2016
Rateable Value:
£18,750.00
Rates payable:
£9,244.00

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 15/02/2021