Savills · 21 Oct 2026 · in 2 days
Well located modern Freehold Industrial/Warehouse unit
Unit 1, Hemmells Park, Laindon North, Basildon, Essex, SS15 6GF · East of England
LiveIndustrialFreeholdVacant
- Guide
- £1,375,000
- Rent a year
- ≈£69,800est.
- Yield on the guide
- ≈5.1%est.
- Payback
- ≈20 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
- Size
- 11,560 sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 3 Aug 2021 (certificate 7063-1554-3862-5179-5532). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold industrial lot in Basildon. Offered vacant, so there's no income from day one.
Well located modern refurbished Freehold Industrial/Warehouse unit formerly used as a Trade Counter Comprising 1.073.95 sq m (11,560 sq ft) Vacant. By Order of a Major UK Fund Manager. Well located modern Freehold Industrial/Warehouse unit. Formerly used as a Trade Counter. Refurbished in 2024. Comprising 1.073.95 sq m (11,560 sq ft). The property benefits from LED lighting to warehouse and office, Electric panel heating to office, 2 EV chargers, 3 phase 100 amp power. On Site Parking for 8 vehicles. Vat is Applicable to the Lot. Six Week Completion Available. Low capital value of £119.00 psf on guide price. Vacant. The property comprises a modern end terrace industrial/warehouse unit with part brick and part metal clad external elevations underneath a pitched roof with metal sheet cover incorporating a series of roof lights. Access is available via a surface level loading door with a yard laid to tarmacadam and block paving providing 8 parking spaces with 2 EV Chargers The first floor offices are open plan with carpet tiling, suspended ceilings,electric panel heating and LED lighting. The Landlord carried out refurbishment works in 2024 which included strip out to base build, refurb of the retained office and WC, in addition to installation of LED lighting and removal of gas. Tenancy: Vacant. Tenure: Freehold. Basildon is located in south Essex approximately 25 miles east of Central London, 17 miles south of Chelmsford and 15 miles west of Southend-on-Sea. Hemmells Park is situated on the Laindon North Industrial Estate adjacent to the London bound carriageway of the A127 and which is accessed via High Road. The Estate is approximately 2 miles to the north-west of Basildon town centre with access to the M25 at Junction 29 approx. 5 miles to the west.
Figures come from Savills' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.