Commercial property to rent3 Brooklands Approach, North Street, Romford
The property is situated on the North Western side of Brooklands Approach, which is a turning off North Street (A125), which links with St. Edwards Way to the South and the Eastern Avenue West (A12) a short distance to the North. There is therefore easy access via the A12 and A127 to both Junctions 28/29 of the M25 motorway to the East. The A12 links up with the M11 Link to the West.
The property comprises a detached mainly single storey industrial/warehouse unit with a 2-storey section to the front providing ancillary offices, ancillary areas, reception, and interconnecting store at first floor level of a Portakabin style. All services/amenities not tested to be checked.
All floor areas are approximate and gross internal and have been measured in accordance with the RICS Code of Measuring Practice, arranged as follows:-
On a site extending to approx 0.39 acre (0.16 HA) – scaled off Promap to be measured and checked.
Combined ground floor 8,944 sq.ft. 831 sq.m
porating ancillary areas,
office, boiler room, stores
etc approx. GIA
First floor offices incorpo- 2,382 sq.ft. 201.3 sq.m
rating offices, store, stairwells,
etc approx GIA
Combined approx. GIA 1,326 sq.ft. 1,052 sq.m
Plus mezzanine floor 1,020 sq.ft. 94.9 sq.m
Total combined approx 12,346 sq.ft. 1,147 sq.m
We would stress that all floor areas are approximate, gross internal and average and include stairwells, toilets, internal walls, corridors etc. In any event it is of course the proposed purchaser’s responsibility to fully satisfy themselves as far as the exact floor areas, exact nature of the existing use, environmental issues and planning are concerned and as to whether their proposed use requires planning.
We understand that main electricity and water are available, however, we would recommend that all interested parties check with the relevant statutory authorities as to the existence, adequacy or otherwise of these services for their own purposes. NB: None of the services have been tested and it is the responsibility of the proposed purchaser to satisfy themselves as to their operation/condition.
TERMS & TENURE
Available on a new full repairing and insuring lease on terms to be agreed with period upward only rent reviews and outside the Landlord & Tenant Act 1954. Initial rent offers in the region of £73,500 per annum exclusive of rates, service charge and VAT if applicable and all other outgoings subject to contract and formal lease.
We are advised that the premises are assessed for rates up to 31.3.2010 as follows:-
Rateable Value - £45,500
All rents, prices and premiums are stated exclusive of VAT under the Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction.
Strictly through Porter Glenny - 01375 374444
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