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

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Beacon Hill Industrial Botany Way

9,751 SF 100% Leased Industrial Building Purfleet RM19 1SR $2,651,927 ($272/SF) 5.02% Cap Rate

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.

Property Facts

Price $2,651,927
Price Per SF $272
Sale Type Investment
Cap Rate 5.02%
Tenure Freehold
Property Type Industrial
Property Subtype Service
Building Class B
Lot Size 0.64 AC
Rentable Building Area 9,751 SF
No. Stories 2
Year Built 1975

Amenities

  • Yard
  • Energy Performance Rating - D
  • Automatic Blinds
  • Listing ID: 32023210

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: Botany Way, Purfleet RM19 1SR

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}