Howdens Joinery Units 2, 3 and 4, Barnett Wood Lane Leatherhead Surrey KT22 7DJ

Howdens Joinery
Units 2, 3 and 4, Barnett Wood Lane
Leatherhead
Surrey
KT22 7DJ

Freehold Modern Trade Counter Investment

Let to Howden Joinery Properties Ltd, until 2021
The property is held in an offshore Single Purpose Vehicle (SPV) which could be available by separate negotiation
Approximately 1/2 mile from M25 (Junction 9)
Nearby occupiers include Volvo and Honda Car Dealerships, Ashtead Plant Hire and BMG Automotive Parts

Lot
45
Auction
27th May 2010
Rent
£88,000 per Annum
Status
Withdrawn Post
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

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Freehold Modern Trade Counter Investment

Let to Howden Joinery Properties Ltd, until 2021
The property is held in an offshore Single Purpose Vehicle (SPV) which could be available by separate negotiation
Approximately 1/2 mile from M25 (Junction 9)
Nearby occupiers include Volvo and Honda Car Dealerships, Ashtead Plant Hire and BMG Automotive Parts

Lot 45
Auction 27th May 2010
Rent £88,000 per Annum
Status Withdrawn Post
Price
Sector
Retail Warehouse
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

Property Information

Location

Miles: 19 miles south-west of Central London; 5 miles north of Dorking; 4 miles south-west of Epsom
Roads: A24, M25
Rail: Leatherhead Railway Station
Air: Gatwick

Situation

The property is well located approximately 1/2 mile west of the M25 (Junction 9) and situated adjacent to a Volvo Car Showroom on the north side of Barnet Wood Lane.

Tenure

Freehold.

Location

Miles: 19 miles south-west of Central London; 5 miles north of Dorking; 4 miles south-west of Epsom
Roads: A24, M25
Rail: Leatherhead Railway Station
Air: Gatwick

Situation

The property is well located approximately 1/2 mile west of the M25 (Junction 9) and situated adjacent to a Volvo Car Showroom on the north side of Barnet Wood Lane.

Tenure

Freehold.

Description

The property, a substantial and modern building, comprises THREE CONTIGUOUS INDUSTRIAL UNITS, each benefiting from a roller shutter door and an eaves height of 6.9 metres (22' 7"). The property also benefits from parking for some 12 cars and a total approximate site area of 0.16 hectares (0.39 acres). VATVAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

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	Industrial	696.07 sq m	(7,492 sq ft)	HOWDEN JOINERY PROPERTIES LTD (1)	20 years from 24/06/2001 until 2021 on a full repairing and insuring lease	£88,000	24/06/2011 and 5 yearly
Ground	Industrial			HOWDEN JOINERY PROPERTIES LTD (1)		£88,000	24/06/2011 and 5 yearly
Total Floor Area		696.07 sq m	(7,492 sq ft)

(1) Howdens operate from over 444 depots and employ approximately 6,500 staff. (Source: www.galiform.co.uk). For the year ending 27th December 2008, Howden Joinery Properties Ltd reported a turnover of ??30,057,000, pre-tax profits of ??436,000 and a net worth of ??823,000. Howden Joinery Properties Ltd is a subsidiary of Galiform plc. (Source: www.riskdisk.com 28/03/2010)