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

Prominent New Trade Counter Unit

Accommodation

Description
The property is 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.
A pre-letting has been agreed to a major trade occupier for the adjoining unit and works are also nearing completion for this newly formed unit which includes a new loading door and trade counter frontage facing directly onto the busy Bugsbys Way.
Accommodation
The property has the following approximate gross internal areas:
Unit 16
Ground Floor 410.28 sq. m. (4,416 sq. ft.)
Terms
The property is to be let on a new full repairing and insuring lease 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 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.
Rent
£48,600 per annum exclusive.
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 joint sole agents Hindwoods 020 8858 9303 or CB Richard Ellis 020 7182 2000.