Summary - Thelightbulb Ltd,Edison House, 2-3 Paycocke Road,BASILDON,SS14 3DP SS14 3DP
1 bed 1 bath Office
Spacious ground-floor office with strong transport links and redevelopment potential.
- Very large office: circa 1,806 sq ft
- Suspended ceiling, fitted carpets, air conditioning throughout
- Gas central heating and private WC on site
- Off-street communal car park at rear/front
- Prominent location with heavy local footfall and strong transport links
- Requires maintenance and renovation; exterior shows wear
- 99-year lease from 2006 (≈80 years remaining); lenders may refuse
- High local crime and area deprivation; consider operational risk
This ground-floor office in Basildon provides a large, flexible commercial space of approximately 1,806 sq ft, with practical fixtures including a suspended ceiling, fitted carpets, air conditioning and gas central heating. A private WC and off-street communal parking add everyday convenience for staff or visitors.
The location benefits from strong transport links — Basildon rail station and major roads (A127, A13, M25) are nearby — and proximity to busy retail and leisure hubs which generate heavy local footfall. These factors support continued tenant demand or owner-occupier use for small businesses and service operators.
Buyers should note material drawbacks: the property is held on a 99-year lease from 2006 with around 80 years remaining and a £50 ground rent. That limited lease term is likely to deter mortgage lenders. The local area records higher crime and deprivation levels, and the building shows signs of wear with clear renovation and maintenance needs.
Offered around £235,000, the site will appeal to cash buyers, investors comfortable with shorter lease terms, or occupiers able to invest in refurbishment. The combination of size, transport links and visible footfall presents upside if lease or structural issues are addressed, but financing and area risk must be factored into any purchase decision.
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