Unit 1, Belvedere Business Park Crabtree Manorway South Belvedere Kent DA16 6AH

Unit 1, Belvedere Business Park
Crabtree Manorway South
Belvedere
Kent
DA16 6AH

Freehold Industrial Investment

Entirely let to Solutions Group (UK) Plc
Approximately 272.16 sq m (2,930 sq ft)
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
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Freehold Industrial Investment

Entirely let to Solutions Group (UK) Plc
Approximately 272.16 sq m (2,930 sq ft)
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

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

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)