Map View
Available
£2,240,000 (Subject to Contract and Exclusive VAT)
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.
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
£155,000.00 per annum exclusive
Freehold
A net initial yield of 6.51%
Associate Partner | Agency
Partner | Investment
Surveyor | Investment
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