Barnett Ross Auctioneers and Chartered Surveyors in London

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Situated on this established retail parade serving the surrounding residential area amongst a host of local and national traders such as Bairstow Eves, Ladbrokes, Wimpy and Unwins.
Shoeburyness is located approximately 4 miles east of Southend-on-Sea and 40 miles east of Central London.

A Post War building comprising a Large Ground Floor Shop with internal access to Ancillary Accommodation on the First Floor. In addition, there is rear vehicular access and parking for 1 car.

Ground Floor Shop
Gross Frontage 26'5"
Net Frontage 19'4"
Built Depth 72'6"
Counter & Kitchen
incl. Cold Store Area Approx 800 sq ft
Office & Store Area Approx 285 sq ft
Total Ground Floor Area Approx 1,085 sq ft
First Floor Ancillary Accommodation
(Could be a flat subject to necessary consent)
4 Rooms Area Approx 530 sq ft
Plus 2 WC's

VAT is NOT payable in respect of this Lot

FREEHOLD

The entire property is let on a full repairing and insuring lease to D. P. Realty Ltd t/a Domino's Pizza (Having over 600 branches) (T/O for Y/E 28/12/08 £10.9 m, Pre-Tax Profit £596,000 and Net Worth £862,000) (Ultimate holding company - Domino's Pizza UK & IRL Plc who for Y/E 28/12/08 reported a T/O of £135.98 m, Pre-Tax Profits £22.1 m and a Net Worth of £11.5 m) for a term of 20 years from 30th September 2009 at a current rent of £18,000 per annum exclusive.

Rent Reviews 2014 and 5 yearly

Tenant's Break 2019

Note: The property is occupied by a franchisee