Two adjacent freehold warehouse units are available for sale, either individually or together. Each unit extends to approximately 5,000 sq ft and provides self-contained warehouse accommodation. Although adjoining, the units are not interconnected and may suit owner occupiers, investors or purchasers seeking adjoining freehold assets.
The properties are of steel portal frame construction with solid concrete floors and predominantly open-plan layouts. Eaves heights are approximately 4.0–4.4 m, rising to around 7.4 m at the apex. Further benefits include a new overclad roof, 3-phase power, large loading doors, WC facilities and private yard/loading areas.
The site is fully enclosed and provides good access and circulation throughout.
Location
The premises are situated on the established Fowler Road Industrial Estate, one of Hainault’s most popular commercial locations. The estate lies approximately 2.5 miles north of the A12 and 4.4 miles east of the A406 (North Circular Road), providing excellent access to the M11 and M25. Hainault Underground Station (Central Line) is approximately 1.6 miles away, offering direct services into Central London in around 30 minutes. The area is also well served by local bus routes and nearby amenities, making it a convenient and accessible location for businesses serving East London and the wider Essex area.
Accommodation
Measured on a gross internal basis, the premises provide the following approximate floor areas:
Unit 6 – 5,000 sq ft (465.0 sq m)
External Yard – 1,500 sq ft (136.8 sq m)
Unit 7 – 5,000 sq ft (465.0 sq m)
External Yard – 1,500 sq ft (136.8 sq m)
Terms
Price:
Unit 6 – £1,100,000 + VAT
Unit 7 – £1,050,000 + VAT
Business Rates Liability / BID Levy Payable (Approximate):
Unit 6 – £7,765.14 pa / £304.52 pa
Unit 7 – £7,765.14 pa / £304.52 pa
Legal Costs - Each Party to be responsible for their own costs.
Reference Charge - Countrywide Commercial (UK) Ltd charges an admin fee of £350 + VAT to carry out credit checks, AML and references for proposed tenants. This fee is non-refundable once the checks have been applied for whether they are accepted or not by the landlord.
Holding Deposit - Tenants wishing to secure this property may be required to pay a holding deposit to Countrywide Commercial of £5000. This deposit is not refundable except if the vendor withdraws, clear title cannot be proven or the tenant’s references, AML, and Credit checks are not acceptable to the landlord. This deposit is held in our client’s account until completion.
Specification
- Available individually or together
- Freehold warehouses
- Approx. 5,000 sq ft (465 m2) each
- Self-contained units
- Private yard/loading areas
- 3-phase power
- Large loading doors
- Approx. 4.0–4.4 m eaves height
- Up to 7.4 m at apex
- Open-plan layout
- WC facilities
- New WC’s, whitewashed walls and new overclad roof