Description
The property comprise a detached 1980's build single storey industrial/warehouse unit of steel portal frame construction under pitched corrugated roofing with part brick and part profile sheet cladding. The premises benefit from a gated yard area and car parking.
Location
The property commands a prominent corner position on the Redburn Estate in Woodall Road and is visible from the overground railway and A1055 Mollison Avenue. The estate is located close to its junction with South Street adjacent to Ponders End main line station offering a regular service to Liverpool Street.
The A1055 Mollison Avenue is 5 minutes driving distance and provides access to the M25 Junction 25 and the A10 Great Cambridge Road to the north and the A406 North Circular Road to the South.
Floor Areas
Floor areas are gross internal and approximate only
Ground floor
Industrial/Warehouse including offices: 8,042 sq ft (747.10 sq m)
First floor offices: 1,923 sq ft (178.65 sq m)
Mezzanine: 1,798 sq ft (167,03 sq m)
Total: 11,763 sq ft (1,092.78 sq m)
Terms
The property is available to let on a new lease for a term by arrangement at a commencing rent of £XXX pax.
Alternatively, the ground lease is for sale with circa. 60 years unexpired at a current ground rent of £XXX pax, subject to reviews every 10 years to 35% of the market rent of the original build space of 9,965 sq ft. The next rent review is 25 March 2020. Price upon application.
All prices are subject to VAT if applicable
SUBJECT TO CONTRACT.
Business Rates
Rateable value 2019/2020 £XXX
Rates payable £XXX
Interested parties should confirm the rateable value and rates payable with the Local Charging Authority.