Property photos
Freehold
£1,700,000
Office for sale
Brook Road, Rayleigh SS6Local area information
Property location
Nearby amenities
- Cedar Hall School (SEN) 0.4 miles
- The Deanes 0.4 miles
- Rayleigh 1.1 miles
- Benfleet 2.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
Seize this exceptional investment opportunity in the thriving town of Rayleigh. This industrial office block totals approximately 12,896 sq. Ft. Across three suites is now available for sale, offering a lucrative total rental income of £127,000 per annum. Positioned in a in a high-demand business area in Rayleigh, with excellent transport links and a strong local economy, this property promises substantial returns and long-term growth potential. The property is fully leased to established and reputable tenants, ensuring consistent and reliable rental income. These versatile office spaces cater to a range of business needs
Location
Situated in a well established industrial estate, offering fantastic transport links directly onto the A127
Lease Terms
Tenant 1
Occupy the ground floor with a lease until January 2027 at a rental of £47,000 per annum exclusive, fixed for the remainder of the lease term. This tenant has occupied the suite since 1999 and undertook a substantial refurbishment of approximately £100,000 just last year. Due to this investment along with them renting a 40,000 sq. Ft. Unit next door, we assume their intentions are to be there long term.
Tenant 2
Occupy the first floor front with a lease until October 2031 at a rental of £25,000 per annum exclusive, with rent reviews in November 2025 & 2028. This tenant has occupied the suite since 2022 and undertook a refurbishment of approximately £40,000 when taking on the lease
Tenant 3
Occupy the first floor rear and the entire second floor with a lease until September 2029 at a rental of £55,000 per annum exclusive, fixed for the remainder of the lease term.
Parking
The property benefits from ample parking, with 17 spaces that are secured with a barrier entrance and a further 6 spaces outside of the barrier make a total of 23 parking spaces
Service Charge
There is a service charge payable by the tenants including buildings insurance which is paid in addition to the above-mentioned rental amounts. Don't miss out on this prime investment opportunity, for further details please do not hesitate to contact us!
Business Rates
The rateable values of the suites are split as follows; ground floor £39,250; first floor front £28,000; first floor rear and second floor £49,250
Legal Costs
Each party are to be responsible for their own legal costs incurred in the transaction
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
Location
Situated in a well established industrial estate, offering fantastic transport links directly onto the A127
Lease Terms
Tenant 1
Occupy the ground floor with a lease until January 2027 at a rental of £47,000 per annum exclusive, fixed for the remainder of the lease term. This tenant has occupied the suite since 1999 and undertook a substantial refurbishment of approximately £100,000 just last year. Due to this investment along with them renting a 40,000 sq. Ft. Unit next door, we assume their intentions are to be there long term.
Tenant 2
Occupy the first floor front with a lease until October 2031 at a rental of £25,000 per annum exclusive, with rent reviews in November 2025 & 2028. This tenant has occupied the suite since 2022 and undertook a refurbishment of approximately £40,000 when taking on the lease
Tenant 3
Occupy the first floor rear and the entire second floor with a lease until September 2029 at a rental of £55,000 per annum exclusive, fixed for the remainder of the lease term.
Parking
The property benefits from ample parking, with 17 spaces that are secured with a barrier entrance and a further 6 spaces outside of the barrier make a total of 23 parking spaces
Service Charge
There is a service charge payable by the tenants including buildings insurance which is paid in addition to the above-mentioned rental amounts. Don't miss out on this prime investment opportunity, for further details please do not hesitate to contact us!
Business Rates
The rateable values of the suites are split as follows; ground floor £39,250; first floor front £28,000; first floor rear and second floor £49,250
Legal Costs
Each party are to be responsible for their own legal costs incurred in the transaction
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
More information
Listed by
Gilbert & Rose Commercial
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Property descriptions and related information displayed on this page are marketing materials provided by - Gilbert & Rose 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 Gilbert & Rose Commercial for full details and further information.