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128C Upminster Rd 1,364 SF Industrial Building Havering RM12 6PL $360,365 ($264.20/SF) 5.77% Cap Rate



INVESTMENT HIGHLIGHTS
- Freehold garage investment with stable rental income
- Office/kitchen and WC facilities included
- Located near Upminster Bridge station for excellent connectivity
- High roller shutter access and dedicated inspection pit
- Parking available directly in front of the unit
EXECUTIVE SUMMARY
A rare freehold investment opportunity in Hornchurch, this commercial garage is ideally positioned just behind a retail unit on Upminster Road, moments from Upminster Bridge station. The property offers a substantial footprint of approximately 59 feet in depth and nearly 20 feet in width, making it suitable for a range of automotive or light industrial uses.
The garage features a high roller shutter for secure access, an inspection pit for vehicle servicing, and a dedicated office/kitchen area with WC facilities. Parking is available directly in front of the unit, enhancing operational convenience. The property is currently tenanted, generating a passing rent of £15,600 per annum, which equates to a yield of 5.77% at the asking price of £270,000.
This asset presents a compelling opportunity for investors seeking stable income or owner-occupiers looking for a well-located workshop with excellent transport links. The proximity to Upminster Bridge station ensures easy access for staff and clients, while the surrounding area benefits from a mix of residential and commercial activity, supporting strong demand for automotive services.
The garage features a high roller shutter for secure access, an inspection pit for vehicle servicing, and a dedicated office/kitchen area with WC facilities. Parking is available directly in front of the unit, enhancing operational convenience. The property is currently tenanted, generating a passing rent of £15,600 per annum, which equates to a yield of 5.77% at the asking price of £270,000.
This asset presents a compelling opportunity for investors seeking stable income or owner-occupiers looking for a well-located workshop with excellent transport links. The proximity to Upminster Bridge station ensures easy access for staff and clients, while the surrounding area benefits from a mix of residential and commercial activity, supporting strong demand for automotive services.
PROPERTY FACTS
| Price | $360,365 | Building Class | C |
| Price Per SF | $264.20 | Lot Size | 0.06 AC |
| Sale Type | Investment | Rentable Building Area | 1,364 SF |
| Cap Rate | 5.77% | No. Stories | 1 |
| Tenure | Freehold | Year Built | 1970 |
| Property Type | Industrial | Tenancy | Single |
| Price | $360,365 |
| Price Per SF | $264.20 |
| Sale Type | Investment |
| Cap Rate | 5.77% |
| Tenure | Freehold |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.06 AC |
| Rentable Building Area | 1,364 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Tenancy | Single |
AMENITIES
- Automatic Blinds
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128C Upminster Rd
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