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Parr Court, 26-28 Station Lane, Basildon, SS13 3BG

  • Investment / Retail
  • 1,128 sq ft
  • For Sale
Parr Court, 26-28 Station Lane, Basildon, Investment / Retail For Sale - 1704146510d541d2b51980b6d4c0af6a.png
Property Type Investment / Retail
Tenure For Sale
Size 1,128 sq ft
Price Offers in excess of £300,000
Business Rates £12,350.25 per annum Interested parties are advised to confirm the rating liability with the relevant local authority
Rateable Value £24,750
Energy Performance Rating Upon enquiry

Investment for sale

Key Features

  • Commercial investment opportunity
  • Modern shop unit
  • Established tenant
  • Busy parade
  • Offers in excess of £300,000

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.

Available area

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

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.