Located in a prestigious business park in an established industrial area
Situated some 2 miles from the M25 (Junction 1A) and Dartford River Crossing
Nearby occupiers include Magnet Trade, Lok'n Store, Greene King and Edmundson Electrical
Six Week Completion Available
Lot 4
Auction 26th May 2011
Rent £40,000 per Annum Exclusive
Status Sold
Price £515,000
Sector Industrial, Warehouse
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
On instructions from Sarah England <br />and Robert Davies of BDO LLP as <br />Joint Administrators of William <br />Verry (Facilities Management) Ltd
Property Information
Location
Miles
2 miles north-west of Dartford, 16 miles east of Central London, 9 miles east of Greenwich
Roads
A206, A2000, M25 (Junction 1A)
Rail
Slade Green Railway Station (London Charing Cross , & Cannon Street approximately 35 minutes)
Air
London City Airport
Situation
The property is situated in a prominent location on the modern Optima Business Park immediately east of Thames Road (A206.) The property benefits from excellent communications being situated some 2 miles from the M25 (Junction 1A) and the motorway network. Nearby occupiers include Magnet Trade, Lok'n Store, Greene King, Edmundson Electrical and Ralco Electrical Supplies.
Tenure
Virtual Freehold. Held for a term of 999 years from 22nd January 2007 at a peppercorn rent
Location
Miles
2 miles north-west of Dartford, 16 miles east of Central London, 9 miles east of Greenwich
Roads
A206, A2000, M25 (Junction 1A)
Rail
Slade Green Railway Station (London Charing Cross , & Cannon Street approximately 35 minutes)
Air
London City Airport
Situation
The property is situated in a prominent location on the modern Optima Business Park immediately east of Thames Road (A206.) The property benefits from excellent communications being situated some 2 miles from the M25 (Junction 1A) and the motorway network. Nearby occupiers include Magnet Trade, Lok'n Store, Greene King, Edmundson Electrical and Ralco Electrical Supplies.
Tenure
Virtual Freehold. Held for a term of 999 years from 22nd January 2007 at a peppercorn rent
Description
The property comprises an end of terrace industrial unit with office accommodation and production facilities over ground and first floors. The property also benefits from an eaves height of 8.5 metres, an up-and-over loading door and an additional mezzanine area currently used for storage and 9 car parking spaces to the front of the unit.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises an end of terrace industrial unit with office accommodation and production facilities over ground and first floors. The property also benefits from an eaves height of 8.5 metres, an up-and-over loading door and an additional mezzanine area currently used for storage and 9 car parking spaces to the front of the unit.
VAT
VAT is not 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
Reviews
Ground Ground & First Mezzanine
Workshop Offices Storage
488 sq m 313 sq m 360 sq m
(5,257 sq ft) (3,366 sq ft) (3,873 sq ft)
STEADBURY LTD (1)
1 year from 01/05/2011 until 30/04/2012 (2)
£40,000
01/05/2012
Totals
1,161 sq m
(12,496 sq ft)
£40,000
(1) Steadberry is a specialist contractor providing integrated Building Fabric Maintenance, Moves & Changes and Principal Contractor Project services. The company is a privately owned business managed by majority shareholders and has provided services in the corporate environment for over a decade (Source: www.steadberry.com 20/04/2011) (2) Please note that both the landlord and the tenant are entitled to determine the lease on giving one month's prior written notice.
Contacts
Seller's Solicitors
Eversheds Kett House, Station Road Cambridge CB1 2JY
