The Io Centre, River Road, Barking, Essex, IG11
£319.19 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,950 sq ft
460 sq m
- SECTOR
Light industrial facility for sale
Key features
- 7m clear internal eaves height
- Electrically operated loading door
- Electrically operated loading door
- First floor offices with air-conditioning, suspended ceiling and recessed lighting
- 3-Phase power
- Good loading, access and parking
Description
There is therefore good access to Central London to the west and the M25 to the east. The North Circular Road (A406) is a short distance and gives direct access to the M11 to the north.
City Airport, ExCel Exhibition Centre and Canary Wharf are all within easy reach of the property.
The new Barking Riverside Station (overground line) is within easy walking distance.
The property comprises a single storey industrial unit of steel portal frame construction with full height profile steel cladding and metal roof covering. Office accommodation is arranged at first floor level.
7m clear internal eaves height
Electrically operated loading door
Electrically operated loading door
First floor offices with air-conditioning, suspended ceiling and recessed lighting
3-Phase power
Good loading, access and parking
The property is offered for sale. The property is Long Leasehold for a term of 999 years from the 22nd November 2002.
OCCUPATIONAL LEASE
The property is currently occupied by Angelica's Market Limited under a lease for a term to expire 11th April 2032 at a current rent of £72,500 per annum exclusive. The lease incorporates a landlord only break option on the 12th April 2024 and the 12th April 2027. A purchaser therefore, has the opportunity to gain vacant possession of the property on those dates. Full details of the lease are available on application.
OF INTEREST TO INVESTOR & OWNER OCCUPIER
MODERN INDUSTRIAL WAREHOUSE UNIT
Brochures
The Io Centre, River Road, Barking, Essex, IG11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Barking Riverside Station0.8 miles
- Upney Station1.2 miles
- Gallions Reach Station1.5 miles
About SBH Page & Read, London
Nicon House 45 Silver Street Enfield EN1 3EF
We are Commercial and Industrial Property Agents and Chartered Surveyors with 4 strategically located offices covering North & East London including City Fringes, London Docklands, Essex & the M11 Corridor, including the regeneration areas of the Lea Valley and the Thames Gateway.
Our approach is based on providing you with the highest levels of service and advice, combined with a deep knowledge and understanding of the markets in which we operate.
Notes
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