Property photos
Offers over
£2,475,000
(£548.90/sq. ft)
Retail premises for sale
Halewood Way, Rainham RM134,509 sq. ft
Local area information
Property location
Nearby amenities
- Newtons Primary School 0.3 miles
- Beam Primary School 0.4 miles
- Rainham (Essex) 1 mile
- Dagenham Dock 1.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Newly developed Greater London investment
- Beam Park is a joint venture mixed-use development between Countryside and L&Q
- The scheme will deliver 3,900 homes upon completion
- Attractive new build unit providing 4,509 sq ft of accommodation on ground floor
- 100% secured against undoubted Sainsbury's Supermarkets Limited covenant
- New 15 year lease from July 2023 without break
- 100% cpi index linked income (collar & cap of 1-3%)
- Total income of £155,000 per annum
- Virtual freehold interest for a term of 999 years at a peppercorn rent
The property comprises a new build convenience store arranged over ground floor. The unit is prominently positioned on Halewood Way and benefits from an extensive corner frontage.
The property forms part of the new Beam Park community, close to an array of other essential
services and amenities that add to the neighbourhood feel, from the on-site medical centre and
shops, to the nearby school (under construction, due to open September 2024).
The unit is arranged over ground floor and comprises 4,509 sq ft (418.9 sq m) of accommodation. The property is let to Sainsbury's Supermarkets Limited for a term of 15 years from 28th July 2023 (expiring 27th July 2038) without break. The lease is subject to five yearly index linked uplifts geared to cpi, collared at 1% and capped at 3% The current rent is £155,000 per annum.
The property forms part of the new Beam Park community, close to an array of other essential
services and amenities that add to the neighbourhood feel, from the on-site medical centre and
shops, to the nearby school (under construction, due to open September 2024).
The unit is arranged over ground floor and comprises 4,509 sq ft (418.9 sq m) of accommodation. The property is let to Sainsbury's Supermarkets Limited for a term of 15 years from 28th July 2023 (expiring 27th July 2038) without break. The lease is subject to five yearly index linked uplifts geared to cpi, collared at 1% and capped at 3% The current rent is £155,000 per annum.
Floor plans and tours
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More information
Listed by
Clifton Agency
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