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Old Market Retail Park, Station Lane, Basildon, Essex

The property comprises a modern retail warehouse scheme totalling 32,543 sq ft with a terrace of three purpose built retail warehouse units and 2 detached drive thru units. The property is located approximately 2 miles south east of Basildon town centre and 30 miles east of Central London.

The property occupies a highly prominent position and effectively forms part of the Pitsea town centre. The site is broadly triangular in shape, comprising the subject Retail Park and an adjoining Lidl, which is in separate ownership.

Date Purchased:   May 2011
Tenure:   Freehold
Tenants:   McDonalds
KFC
Pets at Home
Store21
Farm Foods
Total Current Rent:   £560,010 per annum
Lease Expiries:   2016-2021