Freehold Industrial Investment For Sale
Summary
- Parking and yard area
- Popular commercial location
- Currently producing £98,600 pax
- Freehold for sale
Accommodation
The accommodation comprises the following areas:
| Description | Building Type | sq ft | sq m |
| Ground Floor | Industrial | 14,194 | 1,318.67 |
| 1st Floor | Office | 1,488 | 138.24 |
Location
The property is situated at the northern end of Totman Crescent, within the well-established Brook Road Industrial Estate in Rayleigh, Essex. The estate benefits from excellent road communications adjacent to the A127 (Southend Arterial Road), A130 within 3 miles both roads providing access to the A13 and M25. The area is a popular commercial location with a strong mix of trade counters, distribution operators and manufacturing businesses.
Get directions from Google Maps
Mainline Stations
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Rayleigh16 mins
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Hockley55 mins
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Leigh-On-Sea56 mins
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Benfleet59 mins
Underground Station
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Shenfield241 mins
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Brentwood260 mins
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Ockendon273 mins
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Chafford Hundred293 mins
Further Information
Price £1,450,000
Rates Payable £35,678.50 per annum Interested parties should make their own enquiries with Rochford District Council.
Service Charge n/a
Estate Charge n/a
EPC Rating This property has been graded as D (76)
Description
This substantial detached industrial / warehouse unit is occupied by a glazing company, GJB Developments Limited incorporated in April 1990 and trading under the Lister Windows Group.
Covenant
GJB Developments Limited (company number 02488234) was incorporated on 02/04/1990 as manufacturers of plastic products, windows and doors, year ending 31/10/2024 turnover £19,915,081 showing a profit of £956,561.
Terms
Let to GJB Developments Limited (02488234) on a FRI lease for a term of 10 years expiring 4th January 2034 the lease is subject to a Schedule of Condition.
Rent review on 5th January 2029.
Tenant only option to break the lease on 5th January 2030 providing 6 months prior notice.
Current rent £98,600 pax.
Creditsafe risk score 69 with international score B.
Price
Offers in excess of £1,450,000 Freehold subject to the existing lease
Viewings
Strictly by prior appointment through the landlords appointed agents Ayers & Cruiks.
Gallery
