Unit 62A/B, Thames Industrial Park, Princess Margaret Road, East Tilbury, Essex, RM18 8RH

Location

A semi-rural location benefitting from excellent transport links being within walking distance of East Tilbury c2c Station, providing a service to London (Fenchurch Street) in approximately 47 minutes. The A13 is only 3.4 miles to the north. The area will be substantially enhanced once the proposed Lower Thames Crossing is constructed.
There is a parade of shops directly opposite the Estate containing a Coop, and various neighbourhood shops.

The Property

A mid--terrace industrial/warehouse unit of brickwork and blockwork rendered elevations providing a maximum height of approximately 3.5m. There are windows to the front and rear.
A hinged metal loading door provides loading access. In addition to the open plan industrial/storage space, the unit provides a unisex toilet, kitchen and two offices. The unit is provided with 3-phase power and low energy lighting.
There is parking immediately to the front and a small area to the rear.

Figures

Year 1 £34,000 pax + VAT
Year 2 £41,000 pax + VAT
Year 3 £46,000 pax + VAT

Stepped rent subject to a minimum 3 year term and satisfactory accounts/references.

All other outgoings payable in addition.

Tenure Comments

To be let on a new 3-year full repairing and insuring lease at the above stepped rent.

Costs

Utilities, service charge, building insurance and business rates are payable, further details on request.

VAT

VAT is payable in addition.

Legal Costs

Each party is to be responsible for the payment of their own legal costs (if applicable).

Energy Performance Certificate (EPC)

The EPC rating for 62a is B44, expiring December 2035.
The EPC rating for 62b is C53, expiring December 2035.

References/Accounts

A rent deposit is payable, subject to accounts/references.

Rates Comments

The Rateable Value (2023) for 62A is £14,500, making rates payable approximately £7,235pa (25/26).
The Rateable Value (2023) for 62B is £14,500, making rates payable approximately £7,235pa (25/26).

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

Agents Note

All figures quoted are exclusive of VAT.
No warranty is given in respect of the current planning use.
None of the amenities or fixtures and fittings have been tested.