Investment For Sale, Essex
4 photos
Property ID: 153568
£560,000 Freehold
Unit K, Hume Avenue, Essex, RM18 8DX
Type
Investment
Status
AVAILABLE
Size
0 sq ft
Description
Description
Dock Road & Hume Avenue occupies a prominent position in the heart of Tilbury, a location that continues to attract strong occupier and investor demand on the back of the area's unrivalled logistics infrastructure and connectivity.
The site is fully secured and surfaced, with established B2 planning consent in place - removing planning risk for any incoming occupier or investor. Passing rent is currently set below prevailing market levels, presenting a reversionary opportunity and the prospect of rental growth. With the tenant currently holding over, and a PACT decision anticipated on the lease renewal terms at £65,000 per annum, this asset provides a rare opportunity for a reversionary yield.
Location
Tilbury is London's principal freight terminal on the River Thames and a key logistics hub for the southeast of England. It also hosts the London International Cruise Terminal - the only cruise terminal with direct river access to Central London.
The area boasts excellent transport connectivity. A dual carriageway links Tilbury directly to the A13, with Junctions 30/31 of the M25 just 5 miles west. Connectivity will be further enhanced by the upcoming Lower Thames Crossing, with construction set to begin in 2026.
Tilbury benefits from a C2C mainline rail station offering frequent services to London Fenchurch Street, with a journey time of approximately 40 minutes.
The property is located just east of Tilbury Town Station on Dock Road and Hume Avenue, an extension of the A1089, which provides direct access to the A13. It is ideally positioned for quick access to Tilbury Docks, the 2 million sq. ft. Amazon Fulfilment Centre, and a wide range of retail and trade occupiers.
The surrounding area is densely populated, offering a strong local workforce and excellent operational support.
Accommodation
The warehouse measures 6,905 sq ft and 0.27 acre yard on a GIA basis.
EPC
The Property has an EPC rating of D-97
Legal Costs
Each party to be responsible for the payment of their own legal costs.
Viewing
Strictly by appointment with agents.
Dock Road & Hume Avenue occupies a prominent position in the heart of Tilbury, a location that continues to attract strong occupier and investor demand on the back of the area's unrivalled logistics infrastructure and connectivity.
The site is fully secured and surfaced, with established B2 planning consent in place - removing planning risk for any incoming occupier or investor. Passing rent is currently set below prevailing market levels, presenting a reversionary opportunity and the prospect of rental growth. With the tenant currently holding over, and a PACT decision anticipated on the lease renewal terms at £65,000 per annum, this asset provides a rare opportunity for a reversionary yield.
Location
Tilbury is London's principal freight terminal on the River Thames and a key logistics hub for the southeast of England. It also hosts the London International Cruise Terminal - the only cruise terminal with direct river access to Central London.
The area boasts excellent transport connectivity. A dual carriageway links Tilbury directly to the A13, with Junctions 30/31 of the M25 just 5 miles west. Connectivity will be further enhanced by the upcoming Lower Thames Crossing, with construction set to begin in 2026.
Tilbury benefits from a C2C mainline rail station offering frequent services to London Fenchurch Street, with a journey time of approximately 40 minutes.
The property is located just east of Tilbury Town Station on Dock Road and Hume Avenue, an extension of the A1089, which provides direct access to the A13. It is ideally positioned for quick access to Tilbury Docks, the 2 million sq. ft. Amazon Fulfilment Centre, and a wide range of retail and trade occupiers.
The surrounding area is densely populated, offering a strong local workforce and excellent operational support.
Accommodation
The warehouse measures 6,905 sq ft and 0.27 acre yard on a GIA basis.
EPC
The Property has an EPC rating of D-97
Legal Costs
Each party to be responsible for the payment of their own legal costs.
Viewing
Strictly by appointment with agents.
Location
Carter Jonas LLP
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Property ID: 153568
Investment For Sale, Essex
£560,000 Freehold
Unit K, Hume Avenue, Essex, RM18 8DX
Carter Jonas LLP
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Make an Enquiry
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