Retail premises for sale in Halewood Way, Rainham RM13

Offers over £2,475,000 (£548.9/sq. ft)
Interested in this property? Call +44 20 8166 3016 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Retail premises for sale

4,509 sq. ft*

Property features

  • Newly developed Greater London investment
  • Beam Park is a joint venture mixed-use development between Countryside and L&Q
  • The scheme will deliver 3,900 homes upon completion
  • Attractive new build unit providing 4,509 sq ft of accommodation on ground floor
  • 100% secured against undoubted Sainsbury's Supermarkets Limited covenant
  • New 15 year lease from July 2023 without break
  • 100% cpi index linked income (collar & cap of 1-3%)
  • Total income of £155,000 per annum
  • Virtual freehold interest for a term of 999 years at a peppercorn rent

Property description

The property comprises a new build convenience store arranged over ground floor. The unit is prominently positioned on Halewood Way and benefits from an extensive corner frontage.

The property forms part of the new Beam Park community, close to an array of other essential
services and amenities that add to the neighbourhood feel, from the on-site medical centre and
shops, to the nearby school (under construction, due to open September 2024).

The unit is arranged over ground floor and comprises 4,509 sq ft (418.9 sq m) of accommodation. The property is let to Sainsbury's Supermarkets Limited for a term of 15 years from 28th 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.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Clifton Agency, W1F on +44 20 8166 3016 * (local rate)

Contact Clifton Agency about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  6. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clifton Agency, and do not constitute property particulars. Please contact Clifton Agency for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

12 more properties like this

View all Halewood Way commercial properties for sale