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Unit 3, Grand Union Trade Park, Abbey Road, Park Royal, NW10 7UL

  • Trade Counter / Showroom
  • 8,315 sq ft
  • Lease Assignment
Unit 3, Grand Union Trade Park, Park Royal, Trade Counter / Showroom Lease Assignment - SM1.jpg
Unit 3, Grand Union Trade Park, Park Royal, Trade Counter / Showroom Lease Assignment - SM2.jpg
Unit 3, Grand Union Trade Park, Park Royal, Trade Counter / Showroom Lease Assignment - SM3.jpg
Unit 3, Grand Union Trade Park, Park Royal, Trade Counter / Showroom Lease Assignment - SM4.jpg
Unit 3, Grand Union Trade Park, Park Royal, Trade Counter / Showroom Lease Assignment - SM5.jpg
Lease Assignment Opportunity
Property Type Trade Counter / Showroom
Tenure Lease Assignment
Size 8,315 sq ft
Rent £162,143 per annum
Business Rates Interested parties are advised to contact the London Borough of Brent to obtain this figure
Service Charge Approx. £4000 pa
Energy Performance Rating Upon enquiry

Trade / Warehouse Facility

Key Features

  • Lease assignment or sub-lease
  • Located amongst other Trade Occupiers
  • Direct access to A40 & A406
  • 6.1m clear eaves height
  • Mezzanine floor (can be removed)
  • Full height electric loading doors (w:4.2m x h:4.8)
  • Loading bay
  • 3 phase power & gas
  • Male & female W/Cs
  • 6 car parking spaces
  • Concrete floor
  • Fitted offices

Location

The property is situated within the prominently located Grand Union Trade Park on Abbey Road, Park Royal which is one of the main thoroughfares into and out of Europe's largest multi-owned industrial estates. The property affords direct access to the A406 NCR and the A40 Western Ave leading to Central London and wider motorway networks. Hanger Lane (Central Line) and Stonebridge Park (Bakerloo Line) underground stations are both within walking distance. Several bus routes also operate in the vicinity.

Travel Distances:
North Circular - 0.2 miles
A40 - 1.2 miles
M1, J1 - 4.0 miles
M4, J1 - 5.2 miles
Central London - 8.5 miles
Heathrow Airport - 12.5 miles

SAT NAV REF: NW10 7UL

Description

The premises comprise a steel portal framed trade/warehouse unit with a clear open-plan layout. An additional mezzanine floor has been added to the warehouse area that can be removed before any letting if required. Ancillary office accommodation is available to the ground and first floor levels respectively. The unit benefits from a dedicated loading bay and dedicated parking is situated to the front. Other occupiers on the estate include, Screwfix, Howdens, CEF, Tile Base & Wolseley to name but a few.

Available area

All measurements are approximate and measured on a gross external area basis.

Description Sq ft Sq m
Warehouse 6,993 649.67
Ground Floor Offices 661 61.41
First Floor Offices 661 61.41
Total (GIA) 8,315 772.49
First Floor Mezzanine 6,222 578.04

Tenure

Option: 1
A sub lease is available till 22 June 2023 which will be excluded from the provisions of the 1954 Landlord & Tenant Act (part II as amended).

Option 2
Assignment of existing lease from and including 23 June 2016 to and including 22 June 2026. The lease has been contracted inside the provisions of the 1954 Landlord & Tenant Act (pt II as amended).

A rent review has recently been settled with no further rent reviews due. Please refer to Lease assignment factsheet under documents section above for full lease terms.

NB: The incoming lease assignee will be responsible for the reinstatement of the property, as per the landlord's schedule of dilapidations, at the end of the lease term.

Tenancy

Offered with full vacant possession.

VAT

All prices are subject to VAT.