Industrial in Charlton

Location

The property is situated on the established Lombard Trading Estate on Anchor and Hope Lane just off Bugsbys Way in the Charlton commercial area. Bugsbys Way is a busy commercial location popular with trade companies and occupiers in the vicinity including Topps Tiles, Howdens Joinery, Kwik Fit, City Electrical Factors, Makro, Plumb Centre and various other similar occupiers.
The Blackwall Tunnel approach road (A102) is only 0.5 miles to the west providing access to London Docklands and The City.
The nearest rail services are available from Charlton mainline station within 0.5 miles whilst underground services are available from North Greenwich station via the Jubilee Line on the nearby Greenwich Peninsula.

Description

Warehouse/Industrial Unit

Accommodation

Description
The property comprises a light industrial warehouse incorporating first floor offices. The property has a full height loading door into a high bay open warehouse with concrete floor. Eaves height is 5.43m and the property is connected to 3 phase electricity and the warehouse is heated gas fired hot air blowers and the offices are heated via wall mounted radiators. There are WCs to ground floor level and a small office area.
Parking and loading is available in the yard area.
Accommodation
The property has the following approximate net internal areas:
Ground Floor 394.21 sq. m. (4,243 sq. ft.)
First Floor 62.52 sq. m. ( 673 sq. ft.)
Total 456.73 sq. m. (4,916 sq. ft.)
Terms
The property is available by either a sub lease or assignment of the existing lease expiring on the 1st November 2016. Alternatively there may be an opportunity to grant a new lease directly through the landlords, subject to suitable terms being agreeable with the Landlords.
Rates
The property is entered in the 2010 rating list with a rateable value of £29,750. 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 premises have most recently been used for industrial and storage uses with ancillary offices. However, the 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
£36,960 per annum exclusive.
Service Charge
Available 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 Adams Cope Commercial - 020 7358 0055.