Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
4 miles south-west of Kingston-upon-Thames
7 miles south-west of Richmond
14 miles south-west of Central London
Roads
A308, M3 (Junction 1), M25 (Junction 11)
Rail
Hampton Court Rail Station (Approximately 35 minutes direct to London Waterloo)
Air
London Heathrow Airport
Situation
The property is situated on West Molesey Industrial Estate, an established industrial/trade counter area within the M25, 14 miles south-west of Central London. West Molesey Industrial Estate is located off Walton Road and Molesey Road between Hampton Court and Walton-on-Thames, to the east of Junction 1 of the M3.
The property is well located on the west side of Central Avenue, the main arterial road through the industrial estate. Nearby occupiers include Lock & Leave, IPS Specials, TileCo Group and Seat.
Tenure
Freehold. Freehold and Virtual Freehold for a term of 999 years from 15th October 1992 at a peppercorn rent.
Location
Miles
4 miles south-west of Kingston-upon-Thames
7 miles south-west of Richmond
14 miles south-west of Central London
Roads
A308, M3 (Junction 1), M25 (Junction 11)
Rail
Hampton Court Rail Station (Approximately 35 minutes direct to London Waterloo)
Air
London Heathrow Airport
Situation
The property is situated on West Molesey Industrial Estate, an established industrial/trade counter area within the M25, 14 miles south-west of Central London. West Molesey Industrial Estate is located off Walton Road and Molesey Road between Hampton Court and Walton-on-Thames, to the east of Junction 1 of the M3.
The property is well located on the west side of Central Avenue, the main arterial road through the industrial estate. Nearby occupiers include Lock & Leave, IPS Specials, TileCo Group and Seat.
Tenure
Freehold. Freehold and Virtual Freehold for a term of 999 years from 15th October 1992 at a peppercorn rent.
Description
The property comprises two light industrial units (Unit 1 sold on a 999 year lease) with Units 2/3 comprising a ground floor warehouse and ancillary accommodation.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises two light industrial units (Unit 1 sold on a 999 year lease) with Units 2/3 comprising a ground floor warehouse and ancillary accommodation.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground (Units 2/3)
Warehouse/ Ancillary
1,592.32 sq m
(17,140 sq ft)
CHELSEA TECHNOLOGIES GROUP LIMITED (1) guaranteed by Chelsea Technologies Limited (2)
5 years from 25/12/2012 on a full repairing and insuring lease (3)
£75,000
24/12/2017
Ground (Unit 1)
Warehouse/ Ancillary
–
(–)
PE ALDERSON & RG ALDERSON (c/o Brunel Trustees Limited)
999 years from 15/10/1992
Peppercorn
Sub-Station
–
(–)
SOUTH EASTERN POWER NETWORKS PLC
99 years from 17/09/1987
£50
Totals
1,592.32 sq m
(17,140 sq ft)
£75,050
(1) Established for more than 50 years, Chelsea Technologies Group (CTG) specialise in the design and manufacture of a range of sensors & systems for the marine, environmental, defence, homeland security & industrial process control markets (Source: www.chelsea.co.uk) (2)For the year ending 31st March 2014, Chelsea Technologies Group Limited reported a total net worth of £1,093,972. (Source: www.riskdisk.com 19/12/2014) (3)The lease is subject to a photographic schedule of condition.