Industrial Estate, Southend on Sea
This site is made up of 40 small units, starting from just a few hundred ft. This older industrial stock has been in situ for many decades, and has prime position just as a stone’s throw from the centre of town and the main station. The town’s main retail offering is just moments away and all around the site new houses are being built. Since acquisition the income at the site has moved from strength to strength, provided that the tenants are receiving a well maintained space and good service they will pay a fair price for the space. This has moved the income on tremendously and as a consequence we now enjoy very low gearing and strong returns at the site.