TO LET

Industrial / Warehouse Unit

Approx 7,734 sq. ft. (718 m²)

• Open plan industrial / Warehouse area
• Excellent road connections to the (M11/M25), (A406, A12, A13)
• First Floor Office / Storage Space
• Parking for approx. 8 cars
• Full Height Roller shutter access

Other Details

Accomodation

Externally, elevations are of solid loadbearing brickwork. The roof to the main warehouse is duo pitched and having been recently replaced. Internally, the main area is laid out to comprise warehouse / Industrial space with a height of 2.83m to the underside of the truss. Towards the left-hand side there are some partitioned offices & at the front, storage, kitchen and allocated male and female WCs. There is further office/storage space at first floor level. Externally there is parking for approx. 6 cars in a small secure yard & also loading for deliveries / parking for an additional 2 cars. Approximate floor areas & dimensions are as follows: Ground Floor: 7,307 sq. ft. (679 m²) First Floor: 427 sq. ft. (40 m²) Total: 7,734 sq. ft. (718 m²)

Amenities

• Open plan industrial / Warehouse area • Excellent road connections to the (M11/M25), (A406, A12, A13) • First Floor Office / Storage Space • Parking for approx. 8 cars • Full Height Roller shutter access

Lease

The property is to be made available on a new FRI Lease for a term to be agreed, subject to periodic upward only rent reviews, drawn outside the provisions of the Landlord & Tenant Act.

Rent

£115,000pax paid quarterly in advance. VAT is applicable at the prevailing rate.

Rates

From enquiries made of the VOA, we are advised that the property has a rateable value of £47,500. Interested parties are advised to make their own enquiries of the London Borough of Redbridge. EPC: The unit has a Band D EPC Rating.

Legal Costs

Each party to bear their own legal costs incurred in this transaction. ADMINISTRATIVE FEE: Upon terms being agreed and prior to Solicitors being instructed, the prospective tenant or purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.

Viewing

Strictly by appointment through agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton marc@bennettphillips.com