14 Purdeys Way 14,158 SF Industrial Building Rochford SS4 1ND £2,250,000 (£158.92/SF) 7.03% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Located within large industrial estate
  • A127 accessible within a 10-minute drive
  • London Southend Airport nearby

EXECUTIVE SUMMARY

The property benefits from a very prominent corner location position within the Estate, which offers excellent visibility and accessibility. It fronts onto Purdeys Way, a key route that provides convenient access to several important features of the site, including a customer car park, the main trade counter, a spacious warehouse and an adjacent yard area.
The main building on the site is split into two sections: the original section, which is of concrete portal frame construction, and a more modern extension at the eastern end built with steel frame construction.

PROPERTY FACTS

Price £2,250,000
Price Per SF £158.92
Sale Type Investment
Net Initial Yield 7.03%
Tenure Freehold
Property Type Industrial
Building Class C
Lot Size 1.55 AC
Rentable Building Area 14,158 SF
Number of Floors 1
Year Built 1990
Tenancy Single

AMENITIES

  • Mezzanine
  • Signage
  • Listing ID: 34109489

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 14 Purdeys Way, Rochford SS4 1ND