Located in an established Industrial area with excellent access to the M25 (Junction 1A)
100% occupancy on the Belvedere Business Park
Six Week Completion Available
Lot 3
Auction 18th October 2012
Rent £26,225 per Annum Exclusive
Status Sold
Price £200,000
Sector Industrial, Warehouse
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
5 miles north-west of Dartford, 7 miles east of Greenwich, 16 miles east of Central London
Roads
A206, A2016, M25 (Junction 1A)
Rail
Belvedere Rail Station, direct to London Bridge and London Cannon Street (approx 35 minutes) and Erith Rail Station
Air
London City Airport
Situation
The property is prominently situated in the established Belvedere and Erith industrial areas and forms part of the Belvedere Business Park. The property benefits from excellent communication routes via the A206, which links the Blackwall Tunnel with the M25 (Junction 1A) and the national motorway network.
Tenure
Freehold.
Location
Miles
5 miles north-west of Dartford, 7 miles east of Greenwich, 16 miles east of Central London
Roads
A206, A2016, M25 (Junction 1A)
Rail
Belvedere Rail Station, direct to London Bridge and London Cannon Street (approx 35 minutes) and Erith Rail Station
Air
London City Airport
Situation
The property is prominently situated in the established Belvedere and Erith industrial areas and forms part of the Belvedere Business Park. The property benefits from excellent communication routes via the A206, which links the Blackwall Tunnel with the M25 (Junction 1A) and the national motorway network.
Tenure
Freehold.
Description
The property, an end of terrace industrial unit within the gated 11 unit Belvedere Business Park, comprises predominantly warehouse space, with stairs leading to a small office above. The warehouse benefits from an eaves height of 7.4m and a loading door, while the office benefits from perimeter trunking, suspended ceilings,
category II lighting and central heating. To the front of the property is a reserved parking area.
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, an end of terrace industrial unit within the gated 11 unit Belvedere Business Park, comprises predominantly warehouse space, with stairs leading to a small office above. The warehouse benefits from an eaves height of 7.4m and a loading door, while the office benefits from perimeter trunking, suspended ceilings,
category II lighting and central heating. To the front of the property is a reserved parking area.
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 & First
Warehouse/ Office
272.16 sq m
(2,930 sq ft)
SOLUTIONSGROUP (UK)PLC (1)
6 years from 27/02/2009
£26,225
27/02/2015
Totals
272.16 sq m
(2,930 sq ft)
£26,225
For the year ending 31st May 2011 Solutions Group (UK) Plc reported a turnover of £13,804,371, a pre-tax profit of £196,837 and a total net worth of £1,560,529. (Source www.riskdisk.com 31/07/2012). Solutions Group was established in 1991 and are trade wholesalers for professional installers in the TV & Satellite, Multimedia, Sound & Lighting and security industries. They currently have 18 branches across the country and stocks in excess of £3m. (Source www.solutions-plc.com 21/08/2012)
