Key Features
Commercial Investment
NIY 7.7%
4.6 Year ULT
Planning for B8 Use submitted
Palisade Gate
Clear Level Site - Part Concreted
An EPC is not required.
Contact
Property Description
The property comprises a fully let investment yard extending to approximately 0.35 acres (15,082 sq ft GIA), producing £43,335 per annum, reflecting a net initial yield of 7.7%. The site is let to a private individual on a 5-year lease from October 2025, benefitting from a 6-month rent deposit and contracted outside the Landlord & Tenant Act 1954. The property benefits from B2/B8 use together with new fencing, gates and a new Type 1 surfaced yard. The freehold interest is available at a quoting price of £525,000.
Location
Tilbury is the main freight terminal for London on the River Thames, serving as a major freight hub for the southeast of England. Additionally, Tilbury is also home to the London International Cruise Terminal and the only cruise terminal directly accessing London via the Thames. The area has excellent access to the national road network via a dual carriageway link to the A13 and on to Junction 30/31 of the M25 London Orbital Motorway approximately five miles to the west. This will be further enhanced by the construction of the Lower Thames Crossing tunnel which is due to start construction in 2026.
VAT
All prices and premiums are exclusive of VAT under the Finance Act 1989.
