Property Type | Open Storage / Industrial / Warehouse |
Tenure | For Sale |
Size | 0.68 Acres |
Price | £4,300,000 |
Business Rates | Interested parties are advised to contact the London Borough of Brent to obtain this figure |
Energy Performance Rating | Upon enquiry |
The subject premises are situated on a secure, self-contained site and comprise of three independent, detached, brick built, 1950-60’s industrial/warehouse buildings. The buildings are split with industrial / warehouse space to the ground floor and ancillary office accommodation on the first floor, benefiting from 3 phase power, gas and welfare facilities. Parking is located throughout the site with dedicated access road for deliveries and dispatch.
The property is available with either full vacant possession, subject to a six month completion period following exchange of contracts, or with the benefit of a 2 year, full repairing and insuring lease from 8th March 2023, to H Fine & Son Ltd, at an initial rental of £130,000 per annum, rising to £180,000 per annum from 8th March 2024. The lease is contracted outside the provisions of the 1954 Landlord & Tenant Act (part II as amended). There is an option for either party to determine the lease at any time by providing 6 months prior written notice. Full lease details available on request.
All measurements are approximate and measured on a gross internal area basis.
Description | sq ft | sq m |
---|---|---|
Unit 1 GF Warehouse | 4,351 | 404.22 |
Unit 2 GF Warehouse | 1,457 | 135.36 |
Unit 2 FF Office | 1,350 | 125.42 |
Unit 2 SF Storage | 677 | 62.90 |
Unit 3 GF Warehouse | 3,247 | 301.66 |
Unit 3 FF Office | 3,278 | 304.54 |
Total Buildings | 14,329 | 1,331.21 |
Site Area | 29,533 | 2,743.71 |
The property is located on Manor Farm Road which is accessed via Alperton Lane B456 or alternatively the Bridgewater Road (A4005), bordering Perivale and Wembley which are both well established industrial districts. The North Circular Road (A406) leading to the M1 and the East of London and The Western Avenue (A40) serving Central London and the national motorway network are both within close proximity. Both Alperton (Piccadilly Line) and Hanger Lane (Central Line) Underground Stations are within walking distance while the area is well serviced by various bus routes.
Strictly by appointment only with sole agents.
VAT will NOT be applicable to this transaction.
Interested parties will be required to provide the appropriate information to satisfy current AML regulations at the stage Heads of Terms are agreed.
Alperton Underground Station (Piccadilly Line) - 0.5 miles.
A406 - 1.1 miles
A40- 0.5 miles
Central London - 10.2 miles
Source: Google Maps