Industrial in London

Location

Meridian Trading Estate enjoys a prominent location on the north side of Bugsbys Way close to its junction with Anchor and Hope Lane.
The location is popular with trade companies and those already located on the estate include Magnet, Topps Tiles, Howdens Joinery, Edmundson Electrical, Al Murad Tiles and N & C Tile Style. Kwik Fit, Plumb Centre, Selco and Makro are all adjacent.
The Blackwall Tunnel approach road (A102) is only half a mile to the west providing excellent access to London Docklands and The City. The Woolwich Ferry is conveniently situated only a short distance to the east.
Charlton mainline station is easily accessible from the premises and North Greenwich station (Jubilee Line) is situated on the nearby Greenwich Peninsula.

Description

Warehouse/industrial unit with trade/roadside potential.

Accommodation

Description
The properties are of steel portal frame construction together with full height brick elevations. The minimum clear height is 5.5m rising to a maximum of 7.7m. Unit 7 benefits from two concertina style loading doors whilst units 8 has a single loading door.
Offices are located at first floor level which are centrally heated and there are some air conditioning units.
There is a concrete surfaced yard to the front of the units together with palisade fencing and gates.
Accommodation
The property has the following approximate gross internal areas:
Units 7 & 8
Ground Floor 1874.84 sq. m. (20,181 sq. ft.)
First Floor Offices 141.90 sq. m. ( 1,527 sq. ft.)
Total 2016.74 sq. m. (21,708 sq. ft.)
Unit 9
Ground Floor 942.76 sq. m. (10,150 sq. ft.)
First Floor Offices 70.78 sq. m. ( 762 sq. ft.)
Total 1013.74 sq. m. (10,921 sq. ft.)
Combined Total 3030.48 sq. m. (32,629 sq. ft.)
Terms
The properties are available either individually or as a single unit on a new full repairing and insuring lease (s) for a term to be agreed.
Rates
The rateable value is to be reassessed. 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.

Planning
The buildings have most recently been used for storage by the Metropolitan Police. However, the ingoing tenant 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.
Guide Rent
£8 per sq. ft.
Service Charge
Details upon application.
Legal Costs
Each party to be responsible for their own legal costs.
VAT
Please note that VAT will be chargeable.
Viewing
Strictly by prior arrangement with sole agents Hindwoods.