Globe Industrial Estate, Towers Road, Grays, Thurrock

The property forms part of a well-established trading estate and is conveniently located less than 3 miles from the A13. Grays c2c Station is approximately 1.6 miles away, offering direct services to London Fenchurch Street in around 37 minutes. Tilbury Port is approximately 3.2 miles from the site.

The unit is a mid-terrace, single-storey industrial property with a small side extension. It is of steel and concrete frame construction with blockwork internal elevations and a rendered front elevation. The eaves height is approximately 2.1 metres, rising to a maximum internal height of approximately 3.3 metres.

The property is available to let on a new full repairing and insuring lease, for a term to be agreed. The lease will include periodic upward-only rent reviews.

The annual rent is £24,500 exclusive.

All usual outgoings are payable by the tenant in addition to the rent. Subject to satisfactory accounts and credit checks, a rent deposit equivalent to two months’ rent will be required, together with a management charge of 6% of the annual rent.

VAT is applicable.

The incoming tenant will be responsible for a reasonable proportion of the landlord’s legal costs.

The property has an EPC rating of E (102).

The current Rateable Value is £22,250 (2023), which equates to rates payable of approximately £11,102.75 per annum.