Auction House London

Lot 37

Retail Property (high street) - Commercial Property 

2 Calcutta Road

Tilbury, Essex, RM18 7QU

Sold for £610,000

A Commercial Investment Producing £25,732 Per Annum (Rising to a Minimum of £28,706 Per Annum in September 2021). Development Potential (Subject to Obtaining all Relevant Consents).


The property comprises an end of terrace building including three commercial units arranged as 2 x ground floor lock up shops and a first floor gym with a total combined GIA of approximately 5,300 sq ft and a large rear yard with access from the road. There is development potential to convert the building to residential under permitted development Class MA and add additional storeys above (subject to obtaining all relevant consents).




The property is situated on a busy parade. Nearby multiples include Tesco, Boots and The Cooperative. Transport links are provided by Tilbury Town rail station.


Ground Floor
Unit 1 (Betfred) 105.90 sq m (1,139 sq ft)
Unit 2 (Florist) 116.70 sq m (1,256 sq ft)

First Floor
Gym 269.70 sq m (2,903 sq ft)

Total GIA 492.30 sq m (5,299 sq ft)


The entire building is let on a 16 year FRI lease from 28th February 2011 to Done Brothers (Cash Betting) Ltd at a rent of £25,372 per annum rising to £28,706.09 per annum in September 2021. No break clause.

Current Rent Reserved

Current Rent Reserved £25,732 per annum


VAT is not applicable

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at

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