Summary - INTERSERVE, ROSS ROAD TS18 2NN
1 bed 1 bath Land
**Standout Features:**
- Prime industrial location off Portrack Lane
- Expansive property size: 9,793 sqft on approx. 0.6 acres
- Let to Tilbury Douglas Construction Limited with a 2-year lease remaining
- Recent installation of 4 EV charging points
- Current rent: £39,200pa
- Attractive 8.34% net initial yield after costs
- Secure compound with ample off-street parking
**Concerns:**
- Lease only has 2 years remaining; potential mortgage restrictions
- High local crime rate
- Slow broadband speeds
- Area classified as deprived
This impressive commercial property near Portrack Lane offers a unique investment opportunity with solid leasing to Tilbury Douglas Construction Limited, featuring a substantial 9,793 sqft of well-constructed space within an industrial area. The property includes a two-story office building with cellular offices, modern amenities, and a single-story warehouse that boasts significant height, supportive for storage needs. Ideal for business operations requiring substantial space and flexibility, this property is equipped with four EV charging points, highlighting a commitment to sustainable practices.
Situated in a bustling industrial hub with nearby amenities and accessible transport routes, it caters to both operational and logistical needs. However, prospective buyers should consider the upcoming lease expiration, which may impact lending options. With a competitive £39,200 rental income and attractive yield, this property represents not just a functional space but a promising investment in a dynamic location. Don’t miss out on the opportunity to secure this versatile property—contact us today for further details.
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