128C Upminster Rd 1,364 SF Industrial Building Havering RM12 6PL $502,782 CAD ($368.61 CAD/SF) 5.77% Cap Rate

A rare freehold investment opportunity in Hornchurch, this commercial garage is ideally positioned just behind a retail unit on Upminster Road, moments from Upminster Bridge station. The property offers a substantial footprint of approximately 59 feet in depth and nearly 20 feet in width, making it suitable for a range of automotive or light industrial uses.
The garage features a high roller shutter for secure access, an inspection pit for vehicle servicing, and a dedicated office/kitchen area with WC facilities. Parking is available directly in front of the unit, enhancing operational convenience. The property is currently tenanted, generating a passing rent of £15,600 per annum, which equates to a yield of 5.77% at the asking price of £270,000.
This asset presents a compelling opportunity for investors seeking stable income or owner-occupiers looking for a well-located workshop with excellent transport links. The proximity to Upminster Bridge station ensures easy access for staff and clients, while the surrounding area benefits from a mix of residential and commercial activity, supporting strong demand for automotive services.