14 Halewood Way
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
14 Halewood Way
4,509 SF 4-Star Retail Building Rainham RM13 8RR $2,773,170 ($615/SF) 6.51% Cap Rate
Investment Highlights
- Newly developed Greater London investment
- Attractive new build unit arranged over ground floor and providing 4,509 sq ft (418.9 sq m) of accommodation
- New 15 year lease from July 2023 without break
- Beam Park is a joint venture mixed-use development between Countryside and L&Q which will deliver 3,900 homes upon completion
- 100% secured against undoubted Sainsbury’s Supermarkets Limited covenant
- Virtual freehold interest for a term of 999 years at a peppercorn rent
Executive Summary
The vendor is seeking offers in excess of £2,240,000. A purchase at this level would reflect a net initial yield of 6.51% assuming graduated purchaser’s costs of 6.33%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Building Size
4,509 SF
LoopNet Rating
4 Star
Year Built
2023
Price
$2,773,170
Price Per SF
$615
Cap Rate
6.51%
NOI
$180,533
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.10 AC
Frontage
59 FT on Halewood Way
1 of 1
Nearby Major Retailers
Learn More About Investing in Retail Properties
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
14 Halewood Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.