8 & 9 Cliffside Industrial Estate, Askew Farm Lane, Grays, Essex, RM17 5XR

Location
Forming part of an established industrial estate with access to London Road and thereafter the A13 at Junctions 30/31 of the M25. Junctions 30/31 of the M25 are also accessible via West Thurrock Way (B186) to the west. The site is only 1.4 miles from Grays Train Station providing a service to London (Fenchurch Street) in approx. 35 mins.

The property
Two industrial units comprising steel portal frame construction. There are roller shutter loading doors, LED lighting and three phase power. Externally, both units have yard space fronting the properties.

In the process of being refurbished.

Unit 8
Warehouse with two modular offices and external yard space.

Unit 9
Warehouse with mezzanine floor and one modular office.

The accommodation is available separately or combined.

Accommodation Measured in accordance with the RICS Code of Measuring Guide the approximate gross internal floor area is:

Accommodation Sq ft Sq m
Unit 8
Unit 3,150 292.6
Modular offices 650 60.3
Yard 5,392 500.9

Unit 9
Unit 2,663 247.4
Mezzanine 468 43.4
Modular offices 325 30.1
Yard 5,392 500.9

Terms
To be let on a new lease for a term to be agreed, incorporating periodic upward only rent reviews.

Figures
WHOLE SITE £150,000 pax + VAT
Unit 8 £85,000 pax + VAT
Unit 9 £75,000 pax + VAT
All other outgoings payable in addition. Subject to satisfactory accounts/credit check, a rent deposit of two month's rent is payable, as is a management charge (6% of the rent) is payable. VAT is payable.

Business rates
Unit 8
The Rateable Value is £30,000 (2023), making Rates Payable approximately £14,970 (24/25).

Unit 9
The Rateable Value is £32,250 (2023), making Rates Payable approximately £16,093 (24/25).

However, interested parties are advised to satisfy themselves fully with the local authority in this respect.

Legal costs
The ingoing party is to pay a contribution towards the landlord's legal costs. (£150 per year of the lease)

Energy Performance Certificate (EPC)
The current EPC rating for Unit 8 is F and for Unit 9 is D. The EPC ratings will be upgraded following completion of refurbishment.

Agent's Note
All figures quoted are exclusive of VAT (if applicable)
No warranty is given is respect of the current planning use.
None of the amenities or fixtures and fittings have been tested.
All floor areas have been provided by our client and should be verified on site in due course.

Enquiries/viewing
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