MODERN SELF CONTAINED WAREHOUSE-LEASE FOR ASSIGNMENT
( Agency Pilot Software Ref: 33243 )
Location
The property forms part of the Oliver Business Park accessed via McNichol Drive from Central Way. Abbey Road gives quick access to the North Circular road and from there the M1 and M40 are accessible to the north and south respectively. North Acton Central line station and Harlesden Station (national rail/Bakerloo line) are both within walking distance.
Accommodation
Ground Floor Warehouse 50,970 Sq. ft (4,735.3 Sq. m)
Two Storey Offices 10,951 Sq. ft (1,017.4 Sq. m)
Total Original Accmdtn. 61,921 Sq. ft (5,752.6 Sq. m)
Mezzanine 40,423 Sq. ft (3,755.4 Sq. m )
Terms
Tenure The property is held by way of a 10 year lease expiring 23 October 2022 at a passing rent of £830,000 exclusive of VAT. The lease is inside the Land and Tenant Act 1954. The lease is offered for assignment with the benefit of the valuable tenant improvements and low passing rental.
Rent £830,000 per annum exclusive (£13.40 psf)
Rates The property is understood to have a rateable value of £475,000. For year to end March 2020 this indicates a rates payable of £239,400 per annum (£XXXsf). Confirmation of the rates payable should be sought from London Borough of Brent on 020 8937 1234.
Specification
- High quality two storey offices.
- Gated, self contained yard.
- Separate office parking for 26 cars.
- Extensive tenant installed mezzanine – 40,423 sq ft.
- Three level garment mezzanine – 9,540 sq ft.
- Fully sprinklered.