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Freehold Shop & Uppers with Development Potential | City Freehold Shop & Uppers with Development Potential Corringham Road, Stanford-le-Hope SS17 Offers in Excess of £275,000 Property Type Development Investment Other FreeholdPrice Shop & Uppers with Development£275,000 Potential Size Corringham0.06 acres Road, Stanford-le-Hope SS17 Tenure 020 8106 8666 OffersFreehold in Excess of £275,000 Borough Thurrock Tenanted Yes Nearest Station Stanford Le Hope Station (0.2 miles) VAT Applicable No Local Amenities Tesco (0.2 miles), Lakeside Shopping Centre (9.1 miles) Use Class C3 (Residential) E Class (Commercial, Business & Service) Rateable Value £6,492 Fully Let Mixed-Use Property with Development Potential to the Rear Fully let shop & 2 bed flat with potential for additional units to the rear STPP. City & Counties The neighbouring property was granted planning Unit 2, 2 Delacourt Road consent for the development of three self-contained London SE3 8XA flats & part retaining the ground/first-floor office. T: 020 8106 8666 E: [email protected] commuter town with access to central London W: www.cityandcounties.comin under an hour & Lakeside Shopping centre is only 15 minutes away. DISCLAIMER: Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. City and Counties is the trading name ofCity and Counties Ltd registered in England No: 08739015 Freehold Shop & Uppers with Development Potential Corringham Road, Stanford-le-Hope SS17 Offers in Excess of £275,000 Property Type Description Development An opportunity to purchase a freehold mixed-use property in a prominent location Investment in Essex. Other The property comprises a two-storey building with a tenanted ground floor shop Price and a 2 bedroom flat above. £275,000 The shop measures approximately 900 square feet and has the designated Use Class E (Commercial, business and services uses). It is currently tenanted to a Size local Hair Dressers for £7,000 per annum on a License agreement. 0.06 acres Above the shop is a well maintained 2 bedroom flat rented on a traditional Assured Tenure Shorthold Tenancy for £8,700 per annum. The flat has its own private entrance to Freehold the rear of the property. Additionally, there is a garden to the rear with a large freestanding garage which is used for storage by the commercial tenants. The Borough property has no significant planning history, however, the neighbouring property Thurrock (18 Corringham Road) was granted planning in 2016 for the development of three self-contained flats and part retaining the ground and first floor office. An extension Tenanted of the property to produce a similar scheme may be feasible subject to planning Yes permission. Nearest Station Unconditional offers in the region of £275,000 are invited. Stanford Le Hope Station (0.2 miles) Vacant possession will be provided and viewings can be arranged upon request. VAT Applicable No Location 20 Corringham Road, Stanford-le-Hope SS17 0AH Local Amenities Tesco (0.2 miles), Lakeside Shopping The property is situated on a High Street location in Standford Le Hope, Essex. Centre (9.1 miles) Stanford Le Hope is only 23 miles from Central London making it a great Use Class commuter town for young families and professionals. Additionally, the town is only C3 (Residential) E Class (Commercial, a short drive along the A13 from the famous Lakeside Shopping Center which Business & Service) plays host to over 200 stores and services. The property is located in the heart of the local town with major retailers and shops Rateable Value £6,492 surrounding the premises such as Co-Op and Tesco’s. Stanford Le Hope train station is only 0.2 miles away and is served by London, Tilbury and Southend rail connections. Trains to West Ham take only 40 minutes City & Counties and access from West Ham to central London can be within 15 minutes via the Unit 2, 2 Delacourt Road Jubilee Line. London SE3 8XA This property is likely to suit investors developers and owner-occupiers alike. T: 020 8106 8666 E: [email protected] W: www.cityandcounties.com DISCLAIMER: Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. City and Counties is the trading name ofCity and Counties Ltd registered in England No: 08739015 Freehold Shop & Uppers with Development Potential Corringham Road, Stanford-le-Hope SS17 Offers in Excess of £275,000 Property Type Accommodation Development UNIT SIZE (SQM) SIZE (SQFT) Investment Ground Floor Commercial 56 604 Other 2 Bed Flat 54 581 Price TOTAL 110 1,185 £275,000 Plans Size 0.06 acres Tenure Freehold Borough Thurrock Tenanted Yes Nearest Station Stanford Le Hope Station (0.2 miles) VAT Applicable No Local Amenities Tesco (0.2 miles), Lakeside Shopping Centre (9.1 miles) Use Class C3 (Residential) E Class (Commercial, Business & Service) Rateable Value £6,492 City & Counties Unit 2, 2 Delacourt Road London SE3 8XA T: 020 8106 8666 E: [email protected] W: www.cityandcounties.com DISCLAIMER: Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. City and Counties is the trading name ofCity and Counties Ltd registered in England No: 08739015.
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