Unit 9, Capitol Industrial Park, Capitol Way, Colindale, London, NW9 0EW

Summary

The accommodation comprises an end-of-terrace Warehouse/Industrial building on a modern industrial estate in Capitol Way in Colindale.
The ground floor is an open plan having an approximate eaves height of 23ft to 25ft 6ins approx., with a front reception area with a Kitchen and two WC/Washrooms. The unit is also accessible via a separate pedestrian entrance leading to the front reception area. The premises has the benefit of
6 allocated car parking spaces fronting the unit along with a large loading area in front of the manual sliding loading door (Width = 12ft 6ins - Height = 16ft).
The ground floor premises have the following internal dimensions: Unit Width = 39ft - Depth = 64ft approx.

Key Points

Location

The property is situated on a modern industrial estate in Capitol Way in Colindale located just off the A5 Edgware Road and Stag Lane and in close proximity to ASDA and Morrisons Superstores. Capitol Way is located to the east of the A5 and Stag Lane to the west. Colindale (Northern Line) Underground Station is located close by in Colindale Avenue and the premises are well served by by various bus services.

Terms

The premises are held on a Full Repairing & Insuring Lease for a term of 10 years from the 30th October 2023 with a Rent Review at 5 years and a 'Tenants Only' option to break the Lease at the end of the 5th year of the term subject to the Landlords receiving 6 months prior written notice of the same, at a commencing rent of £60,000 per annum exclusive plus VAT.


PREMIUM: £180,000 for the benefit of the goodwill of the business having a Turnover for the last year of approximately £400,000, and including equipment and Fixtures & Fittings.