Retail Units & Shops Essex Grays Grays Shopping Centre

Unit 14, Clarence Road, Grays Shopping Centre, Grays - Picture 1

Under Offer

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Unit 14, Clarence Road

Clarence Road, Grays, RM17 6QE

Size

1,308sq ft

Rent pa

£20,000

Market Sector

Shopping Centre

Description

Prime shop to let arranged over ground and first floor.

Location

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

Tenure

Leasehold

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.

Viewing

Strictly by appointment.

Accommodation

1,308 Sq.Ft/121.52 m²

The property has the following approximate floor areas:

Areas	Sq.Ft	m²
Ground Floor	904	84
First Floor	404	37.5

Rent

Date	Rent
	£20,000

Rates

Year	Rateable Value	UBR p/£	Rates Payable
2016	£18,750		£9,244

Financial Details

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.

Downloads

Brochure

Unit 14, Clarence Road, Grays Shopping Centre, Grays - Brochure 1

Disclaimer

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.