£1,450,000
(£92.46/sq. ft)
Industrial for saleUnit 6 Totman Crescent, Brook Road Industrial Estate, Rayleigh SS6
15,682 sq. ft
EPC Rating: C
Freehold
About this property
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.
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.
Mortgage calculator
Monthly repayment
£7,253 per month
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