ShareSave
Under Offer
From£400,000

Unit 6, Buckwins Square, Burnt Mills Industrial Estate, Basildon, Essex, SS13

Key Features

  • Current income: £30,000 per annum exclusive
  • Net Initial Yield: 7.2%
  • ERV at review: £37,000 per annum exclusive
  • Net Reversionary Yield 8.88%
  • Low Capital Value at £400,000 of £117 psf
  • The property is occupied by Rim Plastics Holding Limited
  • The property has an EPC rating of E-120.

Description

Mid-terrace industrial/warehouse unit constructed of steel portal frame with concrete block walls, externally clad in profiled metal sheeting underneath a pitched roof. The unit is arranged to provide warehouse served by with level access roller shutter loading door, plus ground floor office/store offices, and WC's. A first floor kitchen is also provided which leads to the mezzanine storage area. Externally, estate parking is provided.

INVESTMENT SUMMARY
Assuming an ERV at review of £37,000 pax (£11 per sq. ft.) and a purchase price of £400,000 exclusive, this equates to a net initial yield of 7.2% and a net reversionary yield of 8.88% (allowing for purchaser's costs of 4.49%), and a low capital value of £117 per sq. ft. The property is occupied by Rim Plastics Holding Limited who have an Experian credit rating of 61/100 (below average risk).

Location

Basildon is situated in the Thames Gateway approximately 30 miles to the east of central London accessed via the A127 and A13 trunk roads which provide good communications throughout the South East Essex Area and direct links to the M25 motorway which is approximately 10 miles distant. Basildon main line railway station provides services to London Fenchurch Street.

VAT

All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.

Rating

From enquiries made of the VOA, we are advised that the property has a current Rateable Value of £31,500. Interested parties are advised to make their own enquiries of the relevant local authority.

Legal Costs

Each party to bear their own legal costs incurred in this transaction.

EPC

The property has an EPC rating of E-120.

Tenure Comments

Freehold - The property is held on a 10-year lease from December 2021. A rent review was due in December 2024 but is currently outstanding. There are further rent reviews due in Dec 2027 and Dec 2030, and the current passing rent is £30,000 per annum exclusive.

Map Location

Property details

Tenure
Freehold
Council Tax Band
Ask Agent
Date Posted
2026-08-06

Utilities & Restrictions

Utilities

Electricity
Ask Agent
Water
Ask Agent
Heating
Ask Agent
Broadband
Ask Agent
Sewerage
Ask Agent

Rights & Restrictions

Public Rights of Way
Ask Agent
Private Rights of Way
Ask Agent
Listed Property
Ask Agent
Restrictions
Ask Agent

Listed status, conservation areas and planning constraints for this location are in the full report.

Property Features

Accessibility
Ask Agent
Parking
Ask Agent
Garden
Ask Agent

Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.

Connectivity

Broadband

Fastest speed available at this postcode

1 Gbps

Gigabit full fibre

Suitable for

  • 4K streaming on every screen
  • Full-time home working
  • Online gaming & big downloads

Mobile signal

CallsDataEE Good GoodO2 Good GoodThree Good GoodVodafone Good Good

Outdoor predictions; indoor signal depends on building materials.

Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.

Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.

Nearest Schools

Primary

  • Felmore Primary School962 metresOfsted: Good
    Ages
    5 to 11
    Pupils
    386
    Type
    Academy sponsor led
  • Briscoe Primary School & Nursery0.7 milesNo Ofsted rating
    Ages
    2 to 11
    Pupils
    335
    Type
    Academy sponsor led
  • Eversley Primary School0.9 milesNo Ofsted rating
    Ages
    4 to 11
    Pupils
    401
    Type
    Community school
  • Northlands Primary School and Nursery1.1 milesOfsted: Good
    Ages
    3 to 11
    Pupils
    744
    Type
    Academy sponsor led
  • Oakfield Primary School1.3 milesOfsted: Good
    Ages
    4 to 11
    Pupils
    391
    Type
    Community school

Secondary

  • The Basildon Upper Academy1.3 milesOfsted: Good
    Ages
    14 to 19
    Pupils
    847
    Type
    Academy sponsor led
  • The Bromfords School1.5 milesOfsted: Requires improvement *
    Ages
    11 to 18
    Pupils
    1,181
    Type
    Academy converter
  • The Basildon Lower Academy1.5 milesOfsted report card · Jan 2026
    Ages
    11 to 14
    Pupils
    892
    Type
    Academy sponsor led
  • The Appleton School2 milesNo Ofsted rating
    Ages
    11 to 19
    Pupils
    1,597
    Type
    Academy converter
  • Beauchamps High School2.2 milesOfsted: Good *
    Ages
    11 to 18
    Pupils
    1,486
    Type
    Foundation school

* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.

Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.

Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.

Amenities

Supermarket

Morrisons Daily Basildon Felmore End, Basildon0.7 miles
Tesco Felmores End Express, Basildon0.7 miles
Sainsburys East Mayne, Basildon0.9 miles

GP surgery

Murree Medical Group979 metres

Pharmacy

Allcures Pharmacy0.7 miles

Hospital

Basildon Hospital - Dermatology Benfleet1.7 miles

Green space

Public Park Or Garden573 metres

Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.

The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.

Getting Around

Nearest station

Pitsea Rail Station1.8 miles

Nearest bus stop

Great Ranton592 metres

Typical drive times

Basildon8 min · 3.8 miles
Rayleigh14 min · 7.1 miles
Wickford9 min · 3.8 miles
Stanford-le-Hope14 min · 7.5 miles
Chelmsford (city)24 min · 15 miles

Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.

Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.

Flood Risk

From Environment Agency flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.

Rivers and the sea

Flood Zone 1Lower risk

Surface water

A 1 in 100 to 1 in 1000 chance each yearMedium to low risk

The detail behind these bandings

The full report pinpoints where this location sits on the flood maps, and runs the deeper checks that usually only surface after an offer.

  • Exact flood zones & annual chances (included in the full report)
  • Any recorded past flooding (included in the full report)
  • Planning activity nearby (included in the full report)
  • Heritage & conservation (included in the full report)
  • Protected nature designations (included in the full report)
  • Ground risks (included in the full report)
  • Sold prices nearby (included in the full report)

£14.99 · one-off purchase

By LandSale, the platform. Not provided by the listing agent. Ready in about a minute.

Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

Similar properties for sale