A Substantial End of Terrace Brick Built Industrial/Workshop Unit Subject to an FRI Lease Producing £40,000 per annum
The property comprises an end of terrace industrial/warehouse unit measuring approximately 551 sq m (5,930 sq ft) arranged over ground and first floors. The property benefits from a roller shutter door as well as a separate personnel door.
The property is situated on a mixed use road that comprises numerous industrial units a 250 meters from the Old Kent Road (A2). Millwall FC is just 300 meters away. Transport links are provided by South Bermondsey rail station.
Ground Floor Warehouse (left hand side) - 123.7 sq m Workshop Areas Inc staff WCs - 353.38 sq m First Floor Mezzanine - 16.31 sq m Workshop Areas - 57.46 sq m Total GIA: 550.85 sq m (5,929 sq ft)
The property benefits from un-restricted road parking directly outside the property.
The property is subject to an FRI lease for a term of 5 years commencing 8th December 2018 at a rent of £40,000 per annum. Upward only rent review December 2021.
Current Rent Reserved
Current Rent Reserved £40,000 per annum
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.