Industrial in London

Location

The Commonwealth Buildings form part of an industrial area situated immediately to the north of Woolwich Church Street (A206) close to the landmark chimney and accessed via the entrance adjacent to Co-operative Funeral Services. The location therefore enjoys excellent access to the A102(M) Blackwall Tunnel approach road and A205 South Circular Road which are approximately 2.5 and 1 miles to the west respectively. The Woolwich Ferry is within a 2 minute drive and mainline and DLR stations are available.

Description

Warehouse/Industrial Buildings

Accommodation

Description
The property benefits from full height brick elevations under a steel trussed roof which incorporates light panels. Arched windows are situated to the front elevation and loading is via a roller shutter door.
The main warehouse area has halogen lighting, gas fired heating and a height of 6.75m to the underside of the steel truss. Separate male & female WC facilities are provided together with a staff kitchen and mess room.
Offices and a reception area are located at first floor, most of the accommodation has suspended ceilings with integral light panels.
There is a steel framed flat roof storage area to the front of the building which is accessed via roller shutter panels.
Accommodation
The property has the following approximate net internal areas:
Ground Floor 378.47 sq. m. (4,074 sq. ft.)
First Floor 87.45 sq. m. ( 941 sq. ft.)
External Store 25.23 sq. m. ( 272 sq. ft.)
Total 491.15 sq. m. (5,286 sq. ft.)
Planning
The property is in use for the construction and storage of security shutters. However, the purchaser must make their own enquiries of the Planning Authority to ensure that their proposed use is permissible prior to entering into any form of contract.
Price
£425,000
Rates
The property is entered in the 2010 rating list with a rateable value of £17,500. The Standard Business Rates Multiplier for 2012/13 is 45.8p in the £. For further information on business rates including relief which could be applicable, visit www.mybusinessrates.gov.uk.
Legal Costs
Each party to pay their own legal costs.
VAT
We have been advised that VAT may be applicable, to be confirmed.
Viewing
Strictly by prior arrangement with sole selling agents Hindwoods.