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Property

Detached Industrial Unit FOR SALE


JUBILEE WORKS
Ness Road
Off Manor Road
Erith
Kent
DA8 2LD

Industrial property investment comprising detached industrial unit with gated yard let on 10 year lease WEF 2015 to Dartford Composites at £70,000 pax

Property Now Sold
9,593 Sq Ft  (891 Sq M) on 0.59 Acres (0.237 HA)
 

Jubilee Works, Ness Road, Erith
Industrial Unit with large gated Yard

Detached Industrial Unit with large Yard FOR SALE

Awaiting new photos...                              

Description

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The property comprises a detached 1970s industrial unit with large secure yard.

The property is of framed construction with brickwork elevations set below a pitched roof.
There is an eaves height of 14’8” with a single loading door.

There are integral offices and toilets.
 
The offices have been refurbished and have category 2 lighting and wood effect laminate flooring. There is perimeter trunking and both air conditioning and heating to the offices.
 

Location

Erith is located between Dartford and Thamesmead and is a convenient three miles from Junction 1A of the M25 via mainly dual carriageway along the A206 which runs from Junction 1A to Woolwich and the South Circular.

Manor Road is the main industrial area of Erith with Bilton Road Industrial Estate and Manford Industrial Estate leading down to Ness Road and Darenth Industrial Estate with occupiers including Alsford Timber.

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Accommodation

 

We have been provided with the following areas as set down below:

FLOOR USE Area
(Sq Ft)
Area
(Sq M)
Ground Warehouse & Offices 9,593 891
       
In addition there is a 2,050 Sq Ft mezzanine store.

The property is set on a site of 0.59 acres (0.237 HA)

 

Industrial property investment in Erith, Kent  Industrial property investment in Erith, Kent
 

Features

  Within 3 miles of Junction 1A of the M25 in an improving area
  Established industrial location
  Detached unit with large yard, 3 phase power & warehouse heating
  Good quality offices with perimeter trunking, category 2 lighting and air conditioning
  Entire property let at £70,000pax to Dartford Composites Ltd until 2025 (break clause in 2020)
 

Rating & Grants

Interested parties should make enquiries to LB Bexley on 020 8315 2076.
Grants may be available and interested parties should make enquiries to the LB of Bexley
 

Tenancy

The property is let as a whole on a 10 year lease wef 22 April 2015 to Dartford Composites Ltd (Co no 02405829) at £70,000 pax with a Tenant only break clause in April 2020. There is a rent review in April 2018 and a £35,000 rent deposit. The lease is drawn outside the security of tenure provisions of the Landlord & Tenant Act1954 pt 2 As Amended.
 

 Tenure

Freehold.
 

 Terms

Property Now Sold
 

 Tenancy

The property is occupied by Dartford Composites Ltd but vacant possession can be obtained in July 2013 with 6 months prior notice.
 

 View Energy Performance Certificate

Rating Band: D (99)
Click the EPC logo to download the Energy Performance Certificate
 
 

To View

By appointment with the sole agents McMeeking Chartered Surveyors

 

Kent Estates

Estate occupiers, types of building, planning uses, transport, ownership, etc.
View further details in our Kent Estates Directory.
 

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NOTICE – McMeeking for themselves and for the vendor of this property whose Agent McMeeking is give notice that:

1) These particulars do not form, or form any part of any offer or contract.
2) They are intended to give a fair description of the property but neither McMeeking nor the vendor accepts responsibility for any error, however caused. Any intending purchaser must therefore satisfy himself by inspection or otherwise as to their correctness.
3) McMeeking have no authority to make or give any further representation or warranty whatever in relation to the property.

FINANCE ACT 1989 – Unless otherwise stated all prices and rents are quoted exclusive of Value Added Tax. Any intending purchasers or lessees must satisfy themselves independently as to the incidence of Value Added Tax in respect of any transaction.