For Sale by Auction on 16th December 2025
Two adjacent retail parades forming part of larger three storey buildings arranged as 12 lock-up retail units. Additonally there is a detached single storey building, which includes one of the retail units. The units each provide a mix of retail accommodation and rear ancillary/storage accommodation. Some the of units have rear yard areas some have rear garage/storage buildings and each unity benefits from delivery access from the rear service area.
The upper floors of the building provide residential accommodation, which does not form part of the sale. To the front of the parades is a large customer car park.
Location
Chadwell St Mary lies just to the north of Tilbury approximately approximately 26 miles south east of Central London. It can be accessed from the A1089, which links with the A13 approximately 3 miles to the north. Rail links are via nearby Tilbury railway station, which provides regional rail services as well as regular direct services to London Fenchurch Street and additonally numerous bus routes serve the area,
Defoe Parade runs east from Brentwood Road with the property being situated between Brentwood Road and Longhouse Road in mixed commercial and residential location.
Accommodation
1 Defoe Parade - Charity Shop - Retail/ancillary - 76 sq m (818 sq ft)
2 Defoe Parade - Fish & Chip Shop - Retail/ancillary - 96 sq m (1,033 sq ft)
3 Defoe Parade - Convenience Store - Retail/ancillary - 85 sq m (915 sq ft)
4 Defoe Parade - Hardware Store - Retail/ancillary - 74 sq m (796 sq ft)
5 & 7 Defoe Parade - Convenience Store/ATM - Retail/ancillary - 236 sq m (2,540 sq ft)
6 Defoe Parade - Toy Shop - Retail/ancillary - 77 sq m (829 sq ft)
8 Defoe Parade - Tanning Studio/Nail Bar - Retail/ancillary - 110 sq m (1,184 sq ft)
10 Defoe Parade - International Food Supermarket - Retail/ancillary - 77 sq m (829 sq ft)
12 Defoe Parade - Chemist - Retail/ancillary - 79 sq m (850 sq ft)
14 Defoe Parade - Launderette - Retail/ancillary - 84 sq m (904 sq ft)
16 Defoe Parade - Hairdressers - Retail/ancillary - 112 sq m (1,206 sq ft)
17 Defoe Parade - Estate Agent - Retail/ancillary - 40 sq m (431 sq ft)
Total - 1,145 sq m (12,320 sq ft)
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 - £775,000
Specification
- Long leasehold multi-let retail investment
- Includes 12 lock-up retail units
- Established retail parade
- Tenants include One Stop Stores Ltd
- Asset management opportunities
- 8 week completion available
- Producing £98,175 per annum
- Offered on the instructions of Thurrock Council