Hockley 0.5 milesThe unit forms of a popular roadside retail parade with a tenant mix made up of a COOP convenience store, Pharmacy, Chinese takeaway and card shop which incorporates a post office. To the front of the parade is communal customer parking.
The property comprises a ground floor retail unit with ancillary accommodation and an external store to the rear. Above is a 2 bedroom maisonette (not been inspected) which is let at £875 per calendar month.
The retail unit benefits from a glazed retail frontage, and provides open plan accommodation with a suspended ceiling with inset LED lighting and benefits from air conditioning. To the rear is a storeroom with a kitchenette and WC facilities.
LOCATION
Hawkwell is a village located 0.6 miles to the southeast of the village of Hockley. Southend-on-Sea is located approximately 4.5 miles to the south and Chelmsford approximately 16 miles to the northwest.
Hockley train station provides a frequent direct service to London Liverpool Street with journey times from approximately 46 minutes. The A130 and A127 are approximately 6 miles to the west and provide access to the M25 and London in the westbound direction and the A12 via the A130 in the northbound direction.
ACCOMMODATION
[Approximate Net Internal Floor Areas]
Ground Floor Retail: 416 sq ft [38.61 sq m]
Ground Floor Ancillary: 186 sq ft [17.28 sq m]
External Store: 258 sq ft [24.00 sq m]
First Floor Flat: Unmeasured
Total: 860 sq ft [79.88 sq m]
LOCAL AUTHORITY
Rochford District Council
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SERVICES
We understand the property is connected to mains water, drainage, and electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.
BUSINESS RATES
We are advised that the premises has a rateable value of £12,500 with effect from 1st April 2026 which will give rise to an approximate annual rates liability of £4,775 (2026/27). Where it is an occupier‘s sole business premises, they may be eligible for small business rates relief subject to eligibility. Applicants are advised to make enquiries with the local authority.
ENERGY PERFORMANCE CERTIFICATE [EPC]
B - 40.
VAT
We understand that the property is not elected to VAT.
SERVICE CHARGE
The scheme‘s standard service charge provisions will apply. Further information is available upon request.
TERMS
The property is available to let by way of an assignment of the existing Lease which was granted on a term of 10 years from 25th March 2024 subject to a Tenant only Break clause on 5th anniversary at an annual rent of £20,600 per annum exclusive subject to review on 5th anniversary.
LEGAL COSTS
Each party to bear their own legal and professional costs incurred in this transaction.
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