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Property Ref: 30629

Trade / Warehouse Facility - To Let In Park Royal

Situated within a dedicated Trade Park


Unit 3, Grand Union Trade Park, Abbey Road, Park Royal, London, NW10 7UL
Available
8,315 SQ FT (772 SQ M)
Leasehold Price £162,143 p.a.



Enquiry about this Property

Property Type

Trade / Warehouse / Industrial / Storage & Distribution

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.

Price

Passing rent at £162,143 pa exclusive.

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.

Accommodation

All measurements are approximate and measured on a gross external area basis
Warehouse 6,993 sqft 649.67 sqm
Ground Floor Offices 661 sqft 61.41 sqm
First Floor Offices 661 sqft 61.41 sqm
TOTAL (GIA) 8,315 sqft 772.49 sqm
First Floor Mezzanine 6,222 sqft 578.04 sqm

Amenities

  • 6m clear eaves height rising to 8m at roof apex
  • Mezzanine floor (can be removed)
  • Concrete floor
  • Translucent roof panels
  • Lighting
  • Full height electric roller shutter doors (w:4.2m x h:4.8)Loading bay
  • Three phase power & Gas
  • Male & female WCs
  • Fitted offices
  • 6 car parking spaces

Tenancy

Offered with full vacant possession.

VAT

All prices are subject to VAT.

Service Charge

Approximately £4000 pa.

Business Rates

Interested parties are advised to contact the London Borough of Brent to obtain this figure.

EPC

TBC

Legal Costs

Each party to bear their own legal costs.

Further Info

Any lease assignment or sub-letting will be subject to the Landlord's approval.

Misrepresentation

Telsar Ltd and its joint agents, give notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Telsar Ltd or its joint agents, has any authority to make any representation or warranty whatsoever in relation to this property. All rentals and prices are quoted exclusive of VAT.



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