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Towers Rd 23,939 sq ft Industrial Unit Offered at £2,950,000 in Grays RM17 6FF



Investment Highlights
- Large Yard space
- 7 Roller shutter doors
- 3 Phase power
Executive Summary
Unit 21,447 sq ft Extension 2,492 sq ft Yard total 31,922 sq ft Forming part of a popular Industrial Estate, less than approx. 2 miles from the A13. The unit lies approx. 3 miles east of the M25. Grays c2c Station is only 1.3 miles away, providing a service to London Fenchurch Street in only 35 minutes. Tilbury Port is only 2.5 miles distant
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Owner Occupier | Tenure | Freehold |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
Description
A detached unit comprising steel portal frame construction with internal two storey offices and works offices. Access is via 7 roller shutter loading doors, 6 to the rear and 1 to the front. Sodium/fluorescent lighting and 3-phase power are present. There are two commercial-sized spray booths with extraction/ventilation equipment (not tested). There are ground and first floor open plan offices, with toilets, kitchen/staff room, I.T and meeting rooms. The offices have carpeting, BT and power points. To the rear of the unit there are additional works offices with welfare facilities. Externally, there is a full height extension providing further storage. To the front, side and rear are fully concreted yards with palisade fencing and access gates.
Sale Notes
Offers in the region of £3.25m for the freehold with vacant possession on completion. VAT is payable. No service charge or BID Levy payable.
Sale includes a total yard space of 31,922 square feet
Sale includes a total yard space of 31,922 square feet
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit I & J | 23,939 sq ft | Industrial | £2,950,000 (£123.23/sq ft) | - |
Unit I & J
| Unit Size |
| 23,939 sq ft |
| Unit Use |
| Industrial |
| Price |
| £2,950,000 (£123.23/sq ft) |
| NOI |
| - |
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Unit I & J
| Unit Size | 23,939 sq ft |
| Unit Use | Industrial |
| Price | £2,950,000 (£123.23/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Description | |
| A detached unit comprising steel portal frame construction with internal two storey offices and works offices. Access is via 7 roller shutter loading doors, 6 to the rear and 1 to the front. Sodium/fluorescent lighting and 3-phase power are present. There are two commercial-sized spray booths with extraction/ventilation equipment (not tested). There are ground and first floor open plan offices, with toilets, kitchen/staff room, I.T and meeting rooms. The offices have carpeting, BT and power points. To the rear of the unit there are additional works offices with welfare facilities. Externally, there is a full height extension providing further storage. To the front, side and rear are fully concreted yards with palisade fencing and access gates.</li></ul> | |
| Sale Notes | |
| Offers in the region of £3.25m for the freehold with vacant possession on completion. VAT is payable. No service charge or BID Levy payable. <br> <br> Sale includes a total yard space of 31,922 square feet</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 23,939 sq ft | Typical Floor Size | 11,970 sq ft |
| Property Type | Industrial (Unit) | Year Built | 1989 |
| Property Subtype | Warehouse | Tenancy | Single |
| Costar Property Class | C | Total Plot Size | 0.73 ac |
| Floors | 2 | Parking Allocation | 0.75/1,000 sq ft |
| Total Property Size | 23,939 sq ft |
| Property Type | Industrial (Unit) |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Floors | 2 |
| Typical Floor Size | 11,970 sq ft |
| Year Built | 1989 |
| Tenancy | Single |
| Total Plot Size | 0.73 ac |
| Parking Allocation | 0.75/1,000 sq ft |
Amenities
- 24 Hour Access
- Fenced Lot
- Front Loading
- Security System
- Yard
- Roller Shutters
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Towers Rd
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