Light Industrial / Storage Unit, The Penarth Centre, Unit 10 Penarth Street, Southwark, SE15 1TR

Ground floor storage / workshop unit available on a long leasehold title.

The Penarth Centre is a two storey light industrial facility understood to have been constructed in the late 1950's with brick and block elevations round a reinforced concrete frame.

Unit 10 occupies a corner location on the ground floor fronting the gated courtyard car park. Offering an open plan storage / workshop area with two small store rooms, kitchen and WC at the rear the unit is accessed off the courtyard via a shutter door.

Location

The Penarth Centre is situated on Penarth Street off Ilderton Road less than half a mile north of Old Kent Road (A2). Access to unit 10 is from a courtyard car park area with gated access off Hatcham Road. Situated less than 3 miles from Tower Bridge the location offers excellent access to Central London, the M25 via the A2/A20 and via Elephant & Castle to the A3. Public transport links are good with bus services available along Ilderton Road.

Accommodation

Ground Floor - 1,924 sq ft

Terms

The property is held on a 999 year lease from the 25th March 1989 (less 10 days).

Price - £525,000

Service Charge - TBC

Rates - Rateable Value: £21,000

Specification

• Up and over shutter access
• Min. clear internal height of 2.6m
• 2 allocated car parking spaces
• Kitchen
• WC facility
• Secure estate