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Merton Industrial Estate, London

£19,394 pcm
fees apply

Property Description

Letting information:

Added on Rightmove: 01 November 2017 (288 days ago)

Full description

Morden Industrial Unit on an established estate in Merton with a lease until October 2029 - lease for assignment.

The unit is located on the established Merton Industrial Estate just off Lee Road and is within a short walking distance of South Wimbledon Underground Station. Lee Road links into the A24 (Morden Road) and there is good access to Junction 9 of the M25. There is also good access into Central London.

This is a modern steel framed industrial unit with brick and profile steel cladding with a pitched and insulated roof. There are good quality offices on the ground and first floors and there are three large electrically operated loading bay doors with a covered bay.

Floor Areas:
Ground Floor Industrial/Warehouse 1,364.80 sq m / 14,691 sq ft
Ground Floor Office – 151.14 sq m / 1,627 sq ft
First Floor Office – 147.39 sq m / 1,586 sq ft
Mezzanine – 49.8 sq m / 536 sq ft
Total – 1,713.13 sq m / 18,440 sq ft

The property is held under a lease granted for a term expiring in October 2029. The lease is on full repairing and insuring terms but there is a photographic schedule of condition with regard to the roof covering. The rent is subject to review in March 2021 and there is a landlords and tenants break in October 2024. The lease is contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954.

Recently refurbished space
3 no. electrically operated up and over doors
5.5m to underside of the eaves rising to 7.38m at the apex
3 phase power supply
Loading canopies
WC facilities
On-site car parking available

£232,726 pa exclusive

Rateable Value:
£162,000 effective from 1st April 2017

C – 63 (full report available upon request)

The rent is subject to VAT

Offers are invited for the valuable leasehold interest. Vacant possession will be available in March 2018.

Energy Performance Certificates (EPCs)

Map & Street View

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