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Northgate Industrial Park, Collier Row Road,...

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Ref: F7 FREEHOLD INDUSTRIAL INVESTMENT FOR SALE Northgate Industrial Park, Collier Row Road, Romford, Essex, RM5 2BH. LOCATION: The property is situated at the front of the Northgate Industrial Park which is located off of Collier Row Road. Collier Row Road provides direct access into Collier Row and in the opposite direction joins up to Whalebone Lane North which provides direct access to the A12 which in turn joins up to Romford and Gallows Corner in one direction as well as Gants Hill and Ilford in the opposite.
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Page 1: Northgate Industrial Park, Collier Row Road, …bulkloader.prd.pl.artirix.com.s3.amazonaws.com/9ab0f87d...loading bays, 2 gas fired heaters, offices with gas central heating and air

Ref:

F7

FREEHOLD INDUSTRIAL INVESTMENT

FOR SALE

Northgate Industrial Park, Collier Row Road, Romford,

Essex, RM5 2BH.

LOCATION: The property is situated at the front of the Northgate Industrial Park which is located off of Collier Row Road. Collier Row Road provides direct access into Collier Row and in the opposite direction joins up to Whalebone Lane North which provides direct access to the A12 which in turn joins up to Romford and Gallows Corner in one direction as well as Gants Hill and Ilford in the opposite.

Page 2: Northgate Industrial Park, Collier Row Road, …bulkloader.prd.pl.artirix.com.s3.amazonaws.com/9ab0f87d...loading bays, 2 gas fired heaters, offices with gas central heating and air

DESCRIPTION: The property comprises of two adjacent industrial units with a total income of £157,364 p.a.x. Total ground floor area for the combined units is 19,526 sqft (1,814 sqm). One of the units also benefit from mezzanine offices of 1,188 sqft and mezzanine storage of 503 sqft. Both properties have a minimum eaves height of 4.74m. Unit 3 & part 5 Northgate Industrial Park Ground floor light industrial/warehouse unit with a GIA of 7,435 sqft (690.73 sqm), plus mezzanine offices of 1,188 sqft (110.37 sqm) and mezzanine storage of 503 sqft (46.73 sqm). The property benefits from up to 10-14 parking spaces including loading bays, 2 gas fired heaters, offices with gas central heating and air conditioning, 4 W.C.'s, 1 manual and 1 electric roller shutter and alarm. The unit is let upon a lease expiring 15th July 2020 paying £78,500 p.a.x. Units 5a & 6 Northgate Industrial Park The property comprises of a ground floor single storey light industrial/warehouse unit with a GIA of approximately 12,091 sqft (1,123.29 sqm). The property benefits from 4.74m min eaves height, an electric roller shutter, gas fired heater, alarm, kitchen, 2 W.C.'s and approximately 4-6 parking spaces. The property is let until 15th July 2018 with an annual rent of £78,864 p.a.x. This investment is available for offers in excess of £2,000,000, however, the landlord may consider selling the units separately.

N.B. It is the responsibility of any interested party to fully clarify

exact floor areas, the premises existing planning use and whether their proposed use requires a change in planning permission.

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AMENITIES:

� TOTAL GROUND FLOOR AREA FOR THE COMBINED UNITS

IS 19,526 SQFT (1,814 SQM) � TOTAL INCOME £157,364 P.A.X. � LEASES THAT EXPIRE JULY 2018 & JULY 2020

PRICE: Offers in excess of £1,800,000

RATES PAYABLE: Approx £34,4607.75 p.a.

EPC RATING: TBC

Page 4: Northgate Industrial Park, Collier Row Road, …bulkloader.prd.pl.artirix.com.s3.amazonaws.com/9ab0f87d...loading bays, 2 gas fired heaters, offices with gas central heating and air

V.A.T. All rents, prices and premiums are exclusive of VAT under the Finance Act 1989. We would advise all interested parties to consult their professional advisors as to their liabilities if any, in this direction.

VIEWING:

Strictly by appointment

LAND COMMERCIAL SURVEYORS LTD

020 8498 8080

IT IS THE RESPONSIBILITY OF ANY INTERESTED PARTY TO FULLY CLARIFY FLOOR AREAS, PLANNING USE AND WHETHER THEIR PROPOSED USE

IS SUITABLE. THESE MARKETING DETAILS ARE FOR INDICATION PURPOSES ONLY AND COMPLETED BASED UPON THE INFORMATION GIVEN AND

ISN’T ALWAYS CORRECT. NO EQUIPMENT OR UTILITIES HAVE BEEN TESTED BY US AND SHOULD BE CHECKED BY THE INTERESTED PARTY PRIOR

TO COMPLETION. ALL FEATURES LISTED AT THE TIME OF MARKETING ARE SUBJECT TO CHANGE AND DO NOT FORM PART OF THE CONTRACT.


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