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Block K4 Halewood Way 1,063 SF Retail Building Rainham RM13 8RP $280,516 ($263.89/SF)
Investment Highlights
- Long-term client
- New build property
- Consistent rent revenue
Executive Summary
This is a new mixed-use community situated within Beam Park, with the property being arranged over the ground floor to provide a nail and beauty salon. The space has been let to Elite Beauty Essence & Co Ltd/a Amore on a lease that expires in 2039 (no breaks).
Currently gross rent is £21,000 pa with an RPI review in 2028. Asking price is £210,000 with a gross initial yield of 10%.
Currently gross rent is £21,000 pa with an RPI review in 2028. Asking price is £210,000 with a gross initial yield of 10%.
Property Facts Sale Pending
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Long Leasehold
Building Size
1,063 SF
Year Built
2023
Price
$280,516
Price Per SF
$263.89
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
3.99 AC
Frontage
45’ on Halewood Way
1 1
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Company Not Provided
Block K4 Halewood Way
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