The Wharf PH & Car Park Nr Lakeside Shopping Centre Grays Essex RM17 6SZ

  • The Wharf PH & Car Park<br>Nr Lakeside Shopping Centre<br>Grays<br>Essex<br>RM17 6SZ

The Wharf PH & Car Park
Nr Lakeside Shopping Centre
Grays
Essex
RM17 6SZ

Freehold Public House Investment and Development Opportunity

  • Attractive Riverside Public House with Beer Garden and Car Park
  • Car Park May be Suitable for Residential Development (subject to consents)
  • Public House Let on a New Lease Until 2031 (NO BREAKS)
  • Frontage to the River Thames
  • Popular Essex Location in Residential Area
  • Close to Grays Railway Station and The Lakeside Shopping Centre
  • Lot
    26
  • Auction
    17th February 2022
  • Rent
    £75,000 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Auction Venue
    Live Streamed Auction
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Freehold Public House Investment and Development Opportunity

  • Attractive Riverside Public House with Beer Garden and Car Park
  • Car Park May be Suitable for Residential Development (subject to consents)
  • Public House Let on a New Lease Until 2031 (NO BREAKS)
  • Frontage to the River Thames
  • Popular Essex Location in Residential Area
  • Close to Grays Railway Station and The Lakeside Shopping Centre
  • Lot 26
  • Auction 17th February 2022
  • Rent £75,000 per Annum Exclusive
  • Status Withdrawn Prior
  • Price  
  • Sector
    Development
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
21 miles east of Central London
Roads
A13, M25, A2, A282
Rail
Grays Train Station
Air
London Southend Airport, London Stansted Airport, London City Airport, London Gatwick Airport,
Situation

Grays is the largest town in Thurrock with a population of approximately 66,000, located two miles from the Dartford River Crossing and close to the A13 and J30 of the M25 providing excellent communications to Central London. The site is situated in a predominantly residential area fronting the River Thames, a short distance from Grays Train Station, Grays Town Centre and the Lakeside Shopping Centre.

Tenure

Freehold.

Location
Miles
21 miles east of Central London
Roads
A13, M25, A2, A282
Rail
Grays Train Station
Air
London Southend Airport, London Stansted Airport, London City Airport, London Gatwick Airport,
Situation

Grays is the largest town in Thurrock with a population of approximately 66,000, located two miles from the Dartford River Crossing and close to the A13 and J30 of the M25 providing excellent communications to Central London. The site is situated in a predominantly residential area fronting the River Thames, a short distance from Grays Train Station, Grays Town Centre and the Lakeside Shopping Centre.

Tenure

Freehold.

Description

The property, an attractive Grade 2 listed Public House comprises Public bar and Ancillary accommodation on the ground floor and residential accommodation on the first and second floors and a surface car park with capacity significantly in excess of the 38 marked car parking spaces. The total approximate site area is 0.73 Acres (0.295 Hectares).
The Car Park may be suitable for residential development (subject to consents). The property is not situated within a Conservation Area

VAT

VAT is applicable to this lot.

Planning

The Public House building is Grade 2 Listed but is not situated within a Conservation area. The property does not appear on Thurrock Council's register of Assets of Community Value that is published at https://www.thurrock.gov.uk/sites/default/files/assets/documents/assetscommunityvalue-register-v14.pdf

Note

The Special Conditions of Sale provide for the Buyer to pay to the Seller a sum in addition to the purchase price. Please see the Special Conditions of Sale which is available in the Seller’s solicitors Legal Pack.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property, an attractive Grade 2 listed Public House comprises Public bar and Ancillary accommodation on the ground floor and residential accommodation on the first and second floors and a surface car park with capacity significantly in excess of the 38 marked car parking spaces. The total approximate site area is 0.73 Acres (0.295 Hectares).
The Car Park may be suitable for residential development (subject to consents). The property is not situated within a Conservation Area

VAT

VAT is applicable to this lot.

Planning

The Public House building is Grade 2 Listed but is not situated within a Conservation area. The property does not appear on Thurrock Council's register of Assets of Community Value that is published at https://www.thurrock.gov.uk/sites/default/files/assets/documents/assetscommunityvalue-register-v14.pdf

Note

The Special Conditions of Sale provide for the Buyer to pay to the Seller a sum in addition to the purchase price. Please see the Special Conditions of Sale which is available in the Seller’s solicitors Legal Pack.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
Ground
First
Second		 Public House
Ancillary
Ancillary
215.00 sq m
105.00 sq m
37.00 sq m
(2,314 sq ft)
(1,130 sq ft)
(398 sq ft)
 ROZEE BAR
GROUP LIMITED
(1)		 10 Years from
23/06/2021 until 2031
on a Full Repairing and
Insuring Lease (2)
£75,000
 23/06/2026
(22/06/2031)
Car Park Car Park
0.467 Acres
(0.189 Hectares)
 VACANT POSSESSION  
£0
  
Total Approximate Floor Area  
357.00 sqm
(3,842 sq ft)
    
£75,000
  

(1) Rozee Bar Group Limited (CRN 013471617) are a recently incorporated company.
A rent deposit of £18,750 +VAT is held by the Seller.
(2) The lease is outside of the security of tenure provisions of the Landlord and Tenant Act 1954.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Associate AuctioneersPanayiotis Themistocli 07973 856 232Panayiotis.Themistocli@agg.uk.com
Seller's Solicitors
Gunnercooke LLP 1 Cornhill
London
EC3V 3ND
Sam Rosenthal 07941613379sam.rosenthal@gunnercooke.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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