£1,450,000

Industrial for sale

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Just added
Freehold

£1,450,000

(£92.46/sq. ft)

Industrial for sale

Unit 6 Totman Crescent, Brook Road Industrial Estate, Rayleigh SS6

15,682 sq. ft

Local area information

Property location

Nearby amenities

  • Wyburns Primary School 0.4 miles
  • Rayleigh Primary School 0.5 miles
  • Rayleigh 0.8 miles
  • Hockley 2.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Rayleigh to find out more about the local area.

Features and description

  • Freehold
  • Parking and yard area
  • Popular commercial location
  • Currently producing £98,600 pax
  • Freehold for sale
  • Estimated Rates Payable: £35678.5
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.

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.

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.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Ayers & Cruiks Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Ayers & Cruiks Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Rayleigh
  5. Totman Crescent