Next Auction:
12/12/2024
Lot 4
Lot 4
This part single part two story detached building is found occupying a roughly triangular shaped site and comprises a ground floor vacant restaurant with two self-contained flats above. Flat 46a is sold on a lease for a term of 99 years from 1.5.1988 (about 72 years unexpired) and Flat 48a is sold on a lease for a term of 150 years from 1.5.1988 both paying nominal ground rents. The property is situated at the junction of King Street and High Street close to the town centre area of Stanford le Hope within short walking distance of the mainline rail station and public car parks. The restaurant previously traded as “The Bombay Nightclub” with statutory consent for use as a restaurant under Class A3 and is offered with full vacant possession and will be of interest to investors and owner-traders.
Entrance foyer leading to restaurant areas, function room, stock room with external entrance, kitchen area and WC's. GIA: 2,000 sq ft (approx.)
Outside: Garden/yard with external stores and double entrance gates onto High Street.
Freehold
Thurrock Council. Tel: 01375 652652
Rateable Value: £32,500
Saturday 14th February 12noon - 12:30pm.
Otherwise by appointment through the Auctioneers
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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