Property Information
Address:
Star Business Centre, Rainham
, RM13 8UP
Price: Property no longer available.
Size: 2061 sq ft191 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH606129
Property Ref/Agent: C3 Star
*Please use the agent ref when calling the agent directly.
Property description
Location
The Unit forms part of the Fairview Industrial Estate lying adjacent the A13 providing access to the M25 and The Queen Elizabeth II Bridge to the East and the M11 link, Docklands and City to the West. Rainham train station is close by providing a service to London (Fenchurch Street) in approximately 25 minutes.
The property
A mid terrace warehouse with internal WC, first floor office and on site parking. The unit offers clear span storage and is accessed via a full height loading door.
Accommodation Measured in accordance with the RICS Code of Measuring Guide the approximate gross internal floor area is:
Ground floor. 2,000 sq ft 186 sq m
First floor office 61.54 sq ft 5.72 sq m
Total 2,061 sq ft 191.67 sq m
Terms
To let on a new full repairing and insuring lease for a term to be agreed incorporating upward only rent reviews every 3 years.
Figures
£24,500 pax. *NOW LET*
There is a service charge of £720pa and a second charge for essential maintenance as and when required. A BID levy of 1.25% of the Rateable Value is payable. The building insurance is approx. £850pa subject to final quotation from insurance company, depending on use.
References/Accounts
Two years accounts and references from company bank, previous landlord and accountant are required. A rent deposit is required.
Business rates
The Rateable Value is £18,750 (2017), making the Rates Payable £8981 (2017/18).
Legal costs
The ingoing tenant is to be responsible for the payment of the landlord’s legal costs.
EPC
The EPC rating is D81.
Agent’s Note
All figures quoted are exclusive of Vat.
No warranty is given is respect of the current planning use.
None of the amenities or fixtures and fittings have been tested.
The car trade and uses associated with the car trade are not allowed.
Racking not included.
Schedule of Condition
Branch Associates are to prepare a schedule of condition requiring the tenant to return the unit in the same condition as taken. The cost of the schedule (£450 plus Vat) is payable by the ingoing tenant.
Timing
A new lease is available for completion 2nd July 2018.
Enquiries/viewing
Please contact us on 01708 860696 / 07775 804842 or email: jb@branchassociates.co.uk
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