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For Sale by Auction on 20th November 2025, Long Leasehold Retail Investment, 1 -12, 14a, 14b, 14c, 14d, 14e, 14f Derwent Parade, 15 - 23, 25, 27 & 29 Derwent Parade, South Ockendon, RM15 5EE

60,068 Sq Ft / Retail / Investment

For Sale - £3,700,000.00

Available - Last updated: 20 October 2025

For Sale by Auction on 20th November 2025

The ground floor only of two retail parades opposite eachother providing a total of 28 lock-up retail units. The units each provide a mix of retail accommodation and rear ancillary/storage accommodation. Some of the units have rear yard areas some have rear garage/storage buildings and each unit benefits from delivery access from the rear service area.

The upper floors of both buildings provide residential accommodation, which does not form part of the sale. There is a free customer car park that serves the entire precinct. 

Location

South Ockendon lies within the Thurrock unitary authority approximately 18 miles east of central London. It lies to the north of the A13, which provides access to central London to the west and the M25 at junction 30 (Mar Dyke Interchange). Ockendon railway station provides rail links to London Fenchurch Street via Upminster and numerous bus routes serve the area.

Derwent Parde runs from Derry Avenue to the west to Daiglen Drive to the east in the town centre. The properties form part of an established shopping precinct that is the principal shopping location in South Ockendon and which also includes Derry Avenue Parade and Daiglen Drive Parade. Notable nearby occupiers include Lidl and Tesco Express. 

Accommodation

1 Derwent Parade - Hot Food Takeaway - Retail/Ancillary - 101 sq m (1,087 sq ft)

Former ATM, 2-4 Derwent Parade - Haberdashery - Retail/Ancillary - 214 sq ft (2,303 sq ft)

3 Derwent Parade - Barbers Shop - Retail/Ancillary - 60 sq m (646 sq ft)

6 Derwent Parade - Hot Food Takeaway - Retail/Ancillary - 66 sq m (710 sq ft)

5 & 7 Derwent Parade - Tanning/Beaurty - Retail/Ancillary - 231 sq m (2,486 sq ft)

8 Derwent Parade - Post Office - Retail/Ancillary - 309 sq m (3,325 sq ft)

9 Derwent Parade - Bakery - Retail/Ancillary - 99 sq m (1,066 sq ft)

10 Derwent Parade - Chemist - Retail/Ancillary - 139 sq m (1,496 sq ft)

11 & 13 Derwent Parade - Mini Market - Retail/Ancillary - 1,124 sq m (12,099 sq ft)

12 Derwent Parade - Cafe - Retail/Ancillary - 120 sq m (1,292 sq ft)

14a & b Derwent Parade - Health & Beauty Shop - Retail/Ancillary - 268 sq m (2,885 sq ft)

14c Derwent Parade - Funeral Directors - Retail/Ancillary - 70 sq m (753 sq ft)

14d Derwent Parade - Grocery Store - Retail/Ancillary - 66 sq m (710 sq ft)

14e Derwent Parade - Butchers Shop - Retail/Ancillary - 121 sq m (1,302 sq ft)

14f Derwent Parade - Betting Shop - Retail/Ancillary - 179 sq m (1,927 sq ft)

15 Derwent Parade - Mini Market - Retail/Ancillary - 1,159 sq m (12,475 sq ft)

16 Derwent Parade - Betting Shop - Retail/Ancillary - 155 sq m (1,668 sq ft)

17 Derwent Parade - Retail - Retail/Ancillary - 215 sq m (2,313 sq ft)

18 Derwent Parade - Mortgage Advisor - Retail/Ancillary - 75 sq m (807 sq ft)

19 Derwent Parade - Charity Shop - Retail/Ancillary - 167  sq m (1,798 sq ft)

20 Derwent Parade - Nail Salon - Retail/Ancillary - 61 sq m (657 sq ft)

21 Derwent Parade - Newsagent - Retail/Ancillary - 151 sq m (1,625 sq ft)

22a Derwent Parade - Ice Cream Parlour - Retail/Ancillary - 59 sq m (635 sq ft)

22b Derwent Parade - Hot Food Takeaway - Retail/Ancillary - 83 sq m (893 sq ft)

23-25 Derwent Parade - Adult Day Centre - Retail/Ancillary - 115 sq m (1,237 sq ft)

27 Derwent Parade - Cafe - Retail/Ancillary - 54 sq m (581  sq ft)

29 Derwent Parade - Charity Shop - Retail/Ancillary - 120 sq m (1,292 sq ft)

2-4 Derwent Parade - Office - Retail/Ancillary - Unknown

Terms

Tenure - Leasehold for a term of 200 years at a ground rent of £100 per annum with CPIH increases every 10 years (refer to legal pack)

Guide Price - £3,700,000

Specification

  • Long leasehold multi-let retail investment
  • Includes 28 lock-up retail units
  • Established retail parade
  • Tenants include Dominos Pizza, Greggs, Savers, Boots and William Hill
  • Pedestrianised precinct
  • Asset management opportunities
  • Producing £443,995 per annum (plus two vacant units)
  • Offered on the instructions of Thurrock Council 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Leasehold £3,700,000.00 NA

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