Let to Akzo Nobel Powder Coatings Limited, a successor company of Cromadex and International Paints who have occupied since 1989
Approximately 5,170 sq ft (490.31 sq m)
Close to M25, A13 and Dartford Tunnel
Approximately 1 mile from Tilbury Docks
Lot 3
Auction 7th July 2011
Rent £32,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector Industrial, Warehouse
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
25 miles east of the City of London
Roads
M25, M2, M20, A13, A2
Rail
Grays Rail, Tilbury Town Rail
Air
London City Airport, Southend Airport
Situation
The property is situated in the busy and established Thurrock Park Industrial Estate approximately 1 mile from the major and important Tilbury Docks which form part of the wider Port of London. The major and very successful regional Lakeside Shopping Centre and retail parks are some 5 miles to the west. There are good communications with the M25 and Central London, via the A13 some 2 miles north of the property. Nearby occupiers include Asda, DHL and SCS.
Tenure
Freehold.
Location
Miles
25 miles east of the City of London
Roads
M25, M2, M20, A13, A2
Rail
Grays Rail, Tilbury Town Rail
Air
London City Airport, Southend Airport
Situation
The property is situated in the busy and established Thurrock Park Industrial Estate approximately 1 mile from the major and important Tilbury Docks which form part of the wider Port of London. The major and very successful regional Lakeside Shopping Centre and retail parks are some 5 miles to the west. There are good communications with the M25 and Central London, via the A13 some 2 miles north of the property. Nearby occupiers include Asda, DHL and SCS.
Tenure
Freehold.
Description
The property comprises a modern industrial unit benefiting from first floor integral office accommodation, a warehouse eaves height of approximately 5 metres (16 ft) and a vehicle access loading door. There is car parking for some 8 cars to the front of the property.
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 a modern industrial unit benefiting from first floor integral office accommodation, a warehouse eaves height of approximately 5 metres (16 ft) and a vehicle access loading door. There is car parking for some 8 cars to the front of the property.
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
Unit 3
Warehouse and Office
480.31 sq m
(5,170 sq ft)
AKZO NOBEL POWDER COATINGS LIMITED (1)
10 years from 22/06/2008 (2)
£32,000
22/06/2013
Totals
480.31 sq m
(5,170 sq ft)
£32,000
(1) AkzoNobel is the largest global paints and coatings company and a major producer of specialty chemicals. They supply industries and consumers worldwide with innovative products. Their portfolio includes well known brands such as Dulux, Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands, they are a Global Fortune 500 company and are consistently ranked as one of the leaders on the Dow Jones Sustainability Indexes. They operate in more than 80 countries, our 55,000 people around the world. (Source: http://www.akzonobel.com/powder/aboutus/ 08/06/2011)
(2) The lease provides for a tenant option to determine on 22/6/2013.
