Warehouses For Sale in Tilbury, Essex

An end-terrace warehouse with ground/first floor offices, toilet and kitchen facilities within a private fenced and gated yard. The unit has been re-roofed and partly re-clad following a fire, including new steels to part. It provides column free space to an eaves height of approx. 6.0m. An electrically operated roller shutter provides loading access and opens onto a weighbridge within the yard. The ground floor ancillary provides a reception office, ladies/gents toilets and kitchen. The first floor, accessed via a staircase to the rear provides two offices. Externally, there is a large private fenced and gated yard to the front and area to the side and rear.

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.