Beacon Hill Industrial | Botany Way
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Beacon Hill Industrial Botany Way
9,751 SF 100% Leased Industrial Building Purfleet RM19 1SR £2,075,000 (£213/SF) 5.02% Net Initial Yield
Investment Highlights
- Multi Let Industrial Estate in a prominent Essex industrial market.
- The property is let to 4 tenants and benefits from a WAULT of 1.44 years to lease expiries
- Strong reversionary potential for the estate due to limited supply of smaller industrial units within Purfleet.
- The estate comprises 4 units providing accommodation of 9,751 sq ft GIA with units ranging from 949 sq ft to 2,888 sq ft
- Current passing rent of £108,950 per annum
- Excellent transport communications with access to Junction 30/31 of the M25 and the A13 both within 5 minutes drive time
Executive Summary
The units comprise a terrace of industrial/warehouse units of steel portal frame construction, with profile clad elevations and roof. There are 4 units in total, which are set within a site of 0.41 hectares (1.02 acres).
The units provide open plan accommodation, with a maximum eaves height internally of 6.4m. The units have one or two roller shutter doors of 4.24m in height. Unit 4 has offices above the reception area and Unit 5 has separate offices/production area at first floor level.
The units provide open plan accommodation, with a maximum eaves height internally of 6.4m. The units have one or two roller shutter doors of 4.24m in height. Unit 4 has offices above the reception area and Unit 5 has separate offices/production area at first floor level.
Property Facts
| Price | £2,075,000 | Property Subtype | Service |
| Price Per SF | £213 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.64 AC |
| Net Initial Yield | 5.02% | Rentable Building Area | 9,751 SF |
| Tenure | Freehold | Number of Floors | 2 |
| Property Type | Industrial | Year Built | 1975 |
| Price | £2,075,000 |
| Price Per SF | £213 |
| Sale Type | Investment |
| Net Initial Yield | 5.02% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 0.64 AC |
| Rentable Building Area | 9,751 SF |
| Number of Floors | 2 |
| Year Built | 1975 |
Amenities
- Yard
- EPC - D
- Roller Shutters
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Beacon Hill Industrial | Botany Way
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