Imperial Park Industrial Estate, Rayleigh
£240,000
Hair & Son are delighted to offer to the market this Freehold end of terrace industrial premises currently operating as 2 x self contained office suites.Currently the ground floor is vacant but benefits from being recently decorated and offers a perfect opportunity for owner occupiers whilst the first floor is currently let on a lease at a rent of £12,000 Per Annum. Our projected income for the ground office is £12,000 posing a potential yield of 10% to potential investors.The site benefits from communal parking as no allocated parking is to be offered with the premises.
Features
- FREEHOLD INDUSTRIAL PREMISES
- COMMUNAL PARKING
- GREAT INVESTMENT OPPORTUNITY
- IDEAL FOR POSSIBLE OWNER OCCUPIERS
- End of terrace office
- Two self-contained suites
- Vacant ground floor
- First floor leased at £12k
- Potential 10% yield
- Recently decorated interior
Full Description:
A Freehold end of terraced industrial premises currently split into 2 x self contained offices spaces with the first floor being occupied and paying an annual rent of £12,000 Per Annum and the Ground Floor currently being vacant.
Accommodation:
GROUND FLOOR ONLY:
Single personnel entrance door
Electric security shutter
OFFICE AREA 10'1" X 34'5" archway leading to a further display area
10'6" x 26'11"
STORE ROOM 6'1" x 8'7"
GROSS INTERNAL FLOOR AREA 680 SQ.FT. (63.1 SQ.M.)
SHARED FACILITIES
Male and female w.c.'s
Kitchen / staff room
Location
The premises are located off Rawreth Lane and are within the Imperial Park Industrial Estate.
Services
Mains electricity and water.
Terms
An asking price of £240,000 is required for our clients freehold interest in these premises.
Rates
The premises has 2 x Rateable values as per the below:
GROUND FLOOR:
The April 2026 to Present rateable value is: £11,250.
FIRST FLOOR:
The April 2026 to Present rateable value is: £3,950.
Legal Costs
Each party is to be responsible for their own legal costs.
Parking Notes
Communal estate parking.
Viewing
Prior telephone appointment via Hair and Son Limited (Commercial): 01702 394959 (Option 3).