£2,700,000

Industrial for sale

  1. Property photo 1 of 1.
Sold STC

Offers over

£2,700,000

(£1,348.84/sq. ft)

Industrial for sale

Rayne Road, Braintree CM7

3,539 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%.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Braintree
  5. Rayne Road