Mid-terraced unit arranged as an open-plan storage/light industrial space previously used as a Joinery business with mezzanine offices.
Location
The property forms part of an established and popular industrial Estate lying to the south of Oxlow Lane close to the A12 & A13. Chadwell Heath train station is 3 miles away providing a service to London (Liverpool Street) within 25 mins. Dagenham Heathway is approximately a mile away.
Accommodation
Ground Floor area - 212.14 m² (2283 ft²)
Mezzanine Offices - 90.33 m² (973 ft²)
Total Area - 302.46 m² (3256 ft ²)
Terms
Tenure: The property is available on a brand-new FRI lease, subject to agreement and will be upward only open market rent reviews.
Rent: Rental offers in the region of £26,000 + VAT subject to contract
Available from 1st June 2025
Service Charge: Estate management Charge £562.67 pa + VAT
N.b Under the terms of the management agreement, car trade & place of worship uses are prohibited.
Rates (approx.):
Rateable Value: £18,500
Rates payable: £9,231.50
(Interested Parties are advised to verify with the London Borough of Barking & Dagenham)
Legal Costs: Ingoing tenant will be expected to pay a contribution of £2000 + VAT towards the landlord’s legal costs.
Reference Charge: Countrywide Commercial (UK) Ltd charges an admin fee of £350 + VAT to carry out credit checks, AML and references for proposed tenants. This fee is non-refundable once the checks have been applied for whether they are accepted or not by the landlord.
Holding Deposit: Tenants wishing to secure this property may be required to pay a holding deposit to Countrywide Commercial of £2000. This deposit is not refundable except if the vendor withdraws, clear title cannot be proven or the tenant’s references, AML, and Credit checks are not acceptable to the landlord. This deposit is held in our client’s account until completion.
Specification
- Ground and Mezz. Offices
- New Lease Available
- Grd - 212.14 m² (2283 ft²)
- Mezz – 90.33 m² (973 ft²)
- Parking Available
- Security Shutter
- Kitchen & WC facilities
- 3-Phase Power