Investment.

Rainham.

14 Halewood Way, RM13 8QZ

Map View

Status.

Available

Price.

£2,240,000 (Subject to Contract and Exclusive VAT)

Location.

The unit is arranged over ground floor and comprises 4,509sq ft (418.9 sq m) of accommodation. The property is let to Sainsbury’s Supermarkets Limited for a term of 15 years from28th July 2023 (expiring 27th July 2038) without break. The lease is subject to five yearly index linked uplifts geared to  CPI, collared at 1% and capped at 3% The current rent is £155,000 per annum.

Description.

The property comprises a new build convenience store arranged overground floor. The upper floors, which do not form part of the sale, contain contemporary apartments sold separately via private treaty.

 

Beam Park is located between Dagenham Dock and Rainham stations on the London, Tilbury and Southend railway line; which is operated by C2C.

 

London Fenchurch Street Station is a 21 minute train journey from Dagenham Dock and 24 minutes from Rainham Station. Dagenham Heathway & Dagenham East (District Line) are approximately 1.5 miles away from Beam Park and there are also numerous bus routes serving the area

Rent.

£155,000.00 per annum exclusive

Tenure.

Freehold

Yield.

A net initial yield of 6.51%

Share.

All viewings are strictly by prior appointment.

Alex Murray .

Associate Partner | Agency

Ben Simpson.

Partner | Investment

Will Civil.

Surveyor | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson