Property photos
Sold STC
Offers over
£2,700,000
(£1,348.84/sq. ft)
Industrial for sale
Rayne Road, Braintree CM73,539 sq. ft
Local area information
Property location
Nearby amenities
- St Michael's Church of England Voluntary Aided Primary School 0.2 miles
- Tabor Academy 0.5 miles
- Braintree 0.8 miles
- Braintree Freeport 1.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Braintree to find out more about the local area.
Features and description
- Sold - freehold investment
Sold - Applegreen branded forecourt with Londis convenience store and Subway franchise.
Let to eg On The Move 2 Limited, guaranteed by Appelgreen Plc, until March 2039 with a tenant only break option in March 2034.
Current passing rent of £187,000 per annum rising to a maximum of £205,700 per annum in March 2029.
Offers in excess of £2,700,000 (Two Million, Seven Hundred Thousand Pounds), subject to contract, for the freehold interest.
A purchase at this level reflects a Net Initial Yield of 6.51%, rising to a maximum of 7.16% in 2029, subject to purchaser’s costs of 6.50%.
Let to eg On The Move 2 Limited, guaranteed by Appelgreen Plc, until March 2039 with a tenant only break option in March 2034.
Current passing rent of £187,000 per annum rising to a maximum of £205,700 per annum in March 2029.
Offers in excess of £2,700,000 (Two Million, Seven Hundred Thousand Pounds), subject to contract, for the freehold interest.
A purchase at this level reflects a Net Initial Yield of 6.51%, rising to a maximum of 7.16% in 2029, subject to purchaser’s costs of 6.50%.
More information
Listed by
Dangerfield Property
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