Lot 5

ENTIRE FREEHOLD CORNER DOUBLE SHOP PREMISES, INCLUDING A PAIR OF VACANT TWO BEDROOM FLATS ABOVE FOR INVESTMENT, WITH POTENTIAL FOR FURTHER CONVERSION

134-136 Clarence Road, Grays, Essex, RM17 6RD
134-136 Clarence Road, Grays, Essex, RM17 6RD
Sold £495,000

This entire two storey building occupies a prominent corner position, located within a few minutes walk of Grays town centre, providing local shopping facilities, pedestrianised shopping centre, major public transport routes and Grays Mainline Station (C2C London Fenchurch Street).

It is considered to offer a variety of alternative uses including potential for further residential conversion under permitted development rights, subject to the necessary planning consents being obtained.

Accommodation

Ground Floor

Two separate individual lock-up shop premises currently used as a cycle sale/repair (both buildings are held on separate titles).

Office

Repair area, W.C. facilities and kitchen area.

First Floor

There are two separate self-contained two bedroom flats above each unit, via a metal fire escape staircase, accessed from Bradbourne Road.

Flat Above

134 Clarence Road

Living room, kitchen, two double bedrooms and bathroom with W.C.

Flat Above

136 Clarence Road

Living room, kitchen, two double bedrooms and bathroom with W.C.

Outside

There is a small rear garden to where the access to the flats starts and behind 136 Clarence Road there is a large lock up garage, via an access behind the shops.

Local Planning Authority

Thurrock Council. Tel: 01375 652652 Website: thurrock.gov.uk.

Auctioneer's Note

The flats could be let on Assured Shorthold Tenancies to provide a good rental income or sold on long leases under the freehold titles and the shops reinstated as two separate individual units with their own access points from Clarence Road, subject to all necessary consents being obtainable.

We advise all interested bidders should make their own investigations prior to the auction.

Freehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/