• Former Travelodge with 48 Bedrooms and use of parking spaces – vacant

• Busy M25 Motorway Services Location at the Junction 30 with the A13

• Close to Lakeside Shopping Centre (approx. 250 retail units) & Chafford Hundred Railway Station (35 mins into London Fenchurch Street)

• Close to Tilbury Docks, Purfleet Container Depot & Thurrock Retail Park

• Asset Management Potential

• To be offered for sale via Knight Frank Auctions on 7th May (unless sold or withdrawn prior)

Property Description

The property a former Travelodge comprises 48 bedrooms over 3 floors with reception area and 2 storage rooms, together with the use of car parking spaces.
The property is accessed via and shares the main entrance to the building which forms part of the Thurrock Services with operators within the same building that include Costa, Burger King, Greggs, M&S food, KFC together with EV Charging and Fuel forecourt (open 24 hours) (Source: moto-way.com)
Raised Ground – 4 Bedrooms
Lower Ground – 22 Bedrooms, Reception & Storage Room
Lower Level – 22 Bedrooms & Storage Room
Total – 48 Bedrooms
Lakeside Shopping Centre is close by along with other occupiers including Tesco, Sainsbury, McDonalds, TK Maxx, The Range and Aqua Park Lakeside.

TENURE
Leasehold. Held for a term of years expiring April 2040 (approximately 14 years unexpired) (please see Legal pack for summary)

TENANCY
Vacant

VAT
See legal pack

EPC
Rating B

VIEWINGS
By Appointment Only – Please email [email protected]

Location

The property is in West Thurrock Services, which is to the north of the Dartford Tunnel/ Queen Elizabeth II bridge and accessed via Junction 30 (M25) with the A13. The A13 connects the M25 to the City of London, 20 miles to the west. The A12 (a main arterial road to East Anglian) is 10 miles to the north and the A2 which connects the M25 to the port of Dover is 6 miles to the south. The property can also be accessed from the A13 and A126 via the Arterial Road West Thurrock. Tilbury Docks is 5 miles to the southeast and Purfleet container depot is 2 miles to the southwest.

Occupancy

Vacant

Auction Details: The sale of this property will take place on the stated date by way of Auction and is being sold as on an Unconditional basis. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit of the purchase price, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully and take professional advice before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.