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Light Industrial for sale

The Garth Road Industrial Centre, Garth Road,Morden,SM4

Sold STC £395,000
4,834 sq. ft.

Property Description

Commercial information

  • 4,834 sq ft (449 sq m)
  • Use class orders: B1 Business

Full description

Tenure: Freehold

LOCATION

The property is situated at the south eastern end of the Garth Road Industrial Centre and is accessed via Garth Road.

The industrial centre is located approximately two miles from the centre of Morden and about twelve miles to the south west of central London. It benefits from being just off the A24 London Road. The M25 is located eight miles to the south and is accessed via either the A24 or A3.

DESCRIPTION

A purpose built, semi detached, two storey industrial building of reinforced concrete frame with brick walls under a flat felt covered roof. The ground floor is arranged as a largely open plan light industrial workshop with loading door/ bay at one end. The first floor is fitted out and used as offices together with some storage and there is also a staff kitchen area and separate male and female toilets.

The accommodation and gross internal floor areas are as follows:-

Ground Floor

Workshop and loading area 2,408sq.ft (223.7 sq.m)

First Floor

Offices and storage 2,426 sq.ft (225.4 sq.m)

Outside

6 / 7 designated parking spaces.

TERMS

Offers in the region of 395,000 for the freehold interest with vacant possession. Subject to Contract
Interested parties should note that the current ground and first floor tenants may be willing to remain in occupation subject to agreeing an appropriate rent and other terms.

VAT We understand that VAT will not be applicable.

RATES

The Valuation Office Agency Website lists the ground floor as "Warehouse Office & Premises" and advises that the 2010 Rateable Value is 13,500. The first floor is listed as "Offices and Premises" and the 2010 Rateable Value is 15,500. Further enquiries in this regard should be made to Merton Council.

LEGAL COSTS

Each party is to bear their own legal costs


Map & Street View

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