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Industrial property investment comprising detached industrial unit with gated yard let on 10 year lease WEF 2015 to Dartford Composites at £70,000 pax
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Description
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The property comprises a detached 1970s industrial
unit with large secure yard. |
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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. |
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Accommodation
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We have been provided with the following areas as set down below:
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Features |
Within 3 miles of Junction 1A of the M25 in an improving area |
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Rating & Grants |
Interested parties should make enquiries to LB Bexley
on 020 8315 2076. |
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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. |
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Tenure |
Freehold. |
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Terms |
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Tenancy |
The property is occupied by Dartford Composites Ltd
but vacant possession can be obtained in July 2013 with 6 months prior
notice. |
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Rating Band: D (99) |
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To View |
By appointment with the sole agents
McMeeking Chartered Surveyors |
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Estate occupiers, types of building,
planning uses, transport, ownership, etc. |
McMeeking Chartered Surveyors - Commercial Property Specialists - serving London and the South East |
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NOTICE – McMeeking for themselves and for the
vendor of this property whose Agent McMeeking is give notice that: |