Property photos
Just added
Freehold
Offers over
£4,250,000
(£64.15/sq. ft)
Light industrial for sale
21 & 22, Brook Road, Rayleigh, Essex SS666,255 sq. ft
Local area information
Property location
Nearby amenities
- Wyburns Primary School 0.4 miles
- Rayleigh Primary School 0.6 miles
- Rayleigh 0.9 miles
- Leigh-on-Sea 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
- Net initial yield 7.62%
- Low Capital Value (£62 per sq. Ft.)
- Net Reversionary Yield 8.73% (Assuming Purchaser's costs of 6.55%)
- Future Development Potential
- Arranged over Two Sites
- Combined Total Site Area 2.83 acres
- 21 Brook Road - EPC rating of D 22 Brook Road (G/F) - EPC rating of D 22 Brook Road (F/F) - EPC rating of E
21 Brook Road provides a single storey industrial unit with two storey offices to the front and single storey industrial space to the rear. Loading facilities are provided to the side, with on site parking to the forecourt, to the rear of the site, plus 23 allocated additional spaces at 22.
22, opposite 21, comprises a detached two storey property providing industrial/storage accommodation with loading doors to the ground floor, with offices at first floor level. Each floor is self contained, with allocated parking.
Investment summary
21 Brook Road is let to Fisco Tools Ltd, whose ultimate holding company is ab Latour. Fisco have an Experian Credit rating of 100/100 and are considered a "Very Low Risk".
22 Brook Road, ground floor, is let to gcs Automotive Services Ltd.
Location
The premises front Brook Road, forming part of a well-established Industrial Estate, lying immediately to the north of the A127 Southend Arterial Road at the junction with the A129 at the Rayleigh Weir Inter-change. The premises benefit from good road communications throughout the South East Essex area with direct links to the M25 motorway, approximately 15 miles distant.
EPC
21 Brook Road - EPC rating of D
22 Brook Road (G/F) - EPC rating of D
22 Brook Road (F/F) - EPC rating of E
Tenure Comments
21 Brook Road is let on a 10 year lease from 1/8/2021, with an upwards only rent review at the fifth year. There is a mutual option to break on 01/08/2027, subject to 12 months' written notice.
The ground floor of 22 Brook Road is let until 12/01/2027. The lease is outside the Landlord & Tenant Act.
22, opposite 21, comprises a detached two storey property providing industrial/storage accommodation with loading doors to the ground floor, with offices at first floor level. Each floor is self contained, with allocated parking.
Investment summary
21 Brook Road is let to Fisco Tools Ltd, whose ultimate holding company is ab Latour. Fisco have an Experian Credit rating of 100/100 and are considered a "Very Low Risk".
22 Brook Road, ground floor, is let to gcs Automotive Services Ltd.
Location
The premises front Brook Road, forming part of a well-established Industrial Estate, lying immediately to the north of the A127 Southend Arterial Road at the junction with the A129 at the Rayleigh Weir Inter-change. The premises benefit from good road communications throughout the South East Essex area with direct links to the M25 motorway, approximately 15 miles distant.
EPC
21 Brook Road - EPC rating of D
22 Brook Road (G/F) - EPC rating of D
22 Brook Road (F/F) - EPC rating of E
Tenure Comments
21 Brook Road is let on a 10 year lease from 1/8/2021, with an upwards only rent review at the fifth year. There is a mutual option to break on 01/08/2027, subject to 12 months' written notice.
The ground floor of 22 Brook Road is let until 12/01/2027. The lease is outside the Landlord & Tenant Act.
More information
Listed by
.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Kemsley LLP. 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 Kemsley LLP for full details and further information.