Industrial in Woolwich

Location

Westminster Industrial Estate is a major commercial estate situated immediately to the north of the Woolwich Road (A206) dual carriageway close to its junction with Warspite Road. The location therefore enjoys excellent access to the A102(M) Blackwall Tunnel approach road and A205 South Circular which are 2.5 and 1 mile to the west respectively. The Woolwich Ferry is within a 2 minute drive and mainline and DLR stations are available.
The estate benefits from 24hr manned security an Estate Manager and CCTV.

Description

Warehouse/industrial unit

Accommodation

Description
The property comprises an industrial unit of brick and block work construction under a single pitched insulated roof incorporating roof lights. The unit consists of ground floor warehouse with office space. In addition there are two gas blower heaters (not tested).
At first floor level there is a kitchen area, open plan offices with separate partitioned offices.
The unit has forecourt parking and loading is via a roller shutter door and internally the warehouse has a minimum clear height of approximately 4.7m (15`6``).
Accommodation
The property has the following approximate gross internal areas:
Ground Floor 276.28 sq. m. (2,974 sq. ft.)
First Floor Offices 101.97 sq. m. (1,098 sq. ft.)
Total 378.25 sq. m. (4,072 sq. ft.)
Terms
The property is to be let on a new full repairing and insuring lease for a term to be agreed.
Rates
We have been advised that the property has a rateable value of £21,500. 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.
Planning
The property has recently been used for warehouse/industrial purposes. However, the ingoing tenant must make their own enquiries of the planning authority to ensure that the proposed use is permissible prior to entering into any form of contract.
Rent
£25,500 per annum exclusive
Service charge
To be confirmed.
Legal Costs
Each party to pay their own legal fees.
VAT
Please note that VAT will be chargeable.
Viewing
Strictly by prior arrangement with joint sole agents Hindwoods 020 8858 9303 or Knight Frank 020 7861 1154.