This property consists of a detached warehouse along with a securely enclosed parcel of commercial land, each with independent leases. The warehouse currently generates an annual income of £19,800, while the yard contributes £9,000, bringing the total rental income to £28,800 per year. Both elements are let separately, offering a reliable revenue stream, and lease agreements can be provided upon request for review.
Located in Shoeburyness, this site benefits from its position within the Thames Gateway, approximately 50 miles east of central London and just 4 miles from Southend-on-Sea. Access is straightforward via the A13 trunk road, which facilitates connectivity to the broader South East Essex area and offers direct routes to the M25 motorway located roughly 30 miles away. The local railway station provides frequent services to London Fenchurch Street, enhancing accessibility for potential tenants or businesses.
There is noteworthy potential for future development on the commercial yard—subject to obtaining planning permission—which adds an attractive enhancement to the investment profile. The property is freehold, providing flexibility for ownership and future projects.
Additional information includes a service charge applicable to maintain communal areas; specifics available upon request. The current rateable value stands at £14,500 for the 2024/25 period, suggesting an estimated rates payable amounting to £7,235.50 based on the Uniform Business Rate guidelines. The Energy Performance Certificate (EPC) indicates a rating of E.
Legal costs incurred during this transaction will be borne by each party individually. Overall, this property presents a solid investment opportunity not only through its existing rental income but also through its potential for enhancement and development in a well-connected location.
