Cabinet to consider proposals to sell council owned shopping parades
9 September 2025
Proposals to sell 14 shopping parades currently owned by Thurrock Council will go to Cabinet for a decision next week.
If approved 200 year leases would be sold for the ground floor shopping units while the council would retain freehold ownership of the buildings and council flats that are above the shops.
The sale would not affect current leases shop owners have, they will pass to the new owner and remain in place with the same conditions for the duration of the lease. Flats will continue to be owned by the council and tenants will not be affected by the sale in any way.
If approved 200 year leases would be sold for the ground floor shopping units while the council would retain freehold ownership of the buildings and council flats that are above the shops.
The sale would not affect current leases shop owners have, they will pass to the new owner and remain in place with the same conditions for the duration of the lease. Flats will continue to be owned by the council and tenants will not be affected by the sale in any way.