Feltram Way, Charlton, London, SE7 £17,000 pa
Light Industrial Let
B 1 Building & Yard Approx 5,400 Square foot
Rent £17,500 and Premium £50,000
Location
Situated just off Woolwich Road (A206) near the junction of the Blackwall Tunnel Approach Road (A102(m) giving excellent access to central London and North Kent, Westcombe Park mainline Station (Cannon Street & Charing Cross) is also close to the unit and the area is well served by bus services.
Description
Bi secure yard approx 3300sqft with detached two storey building, ground floor used as open fronted workshop and car repairs with the upper floors divided into four offices. Storage rooms plus kitchen and washing facilities.
The overall approx size of the site is 5,400sqft, is offered the 3 phase electricity and secure high level fencing and gates to front.
Terms
Assignment of a 15 year lease as from 2012 (Outside the landlord and tenant act 1954) with three yearly upward only rent reviews.
Rent £17,500 (we understand VAT is not applicable)
A premium is being sought guided at £50,000 to be paid by cleared funds upon signing of the assignment.
Legal fees
Each party will bear own legal costs.
Note: the superior landlord will require satisfactory references prior to any assignment of the said lease.
Rates. All interested parties should make own enquiries regarding business rates for 2016/17, via www.mybusinessrates.gov.uk
IMPORTANT NOTICE
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.