£75,000 per annum
Harlow, CM19 5BH
Commercial Property, Distribution Centres, Industrial Units, Light Industrial, Storage
The Pinnacles industrial area is situated just off the A1169 (Elizabeth Way), a short distance from the A414 connecting westward with the A10 and eastwards to the M11 (Junction 7), thereafter linking with the M25.The propertySingle storey light industrial/warehouse unit of brick and block work construction incorporating cladding to part beneath a shallow pitched roof incorporating translucent panels. The premises are fronted by two storey office/ancillary accommodation. A private yard/parking is situated to the side and rear of the building.Accommodation Measured in accordance with the RICS Code of Measuring Guide the approximate gross internal floor area is:Ground Floor 12,306 sq ft 1,143.6 sq mGround Office 2,000 sq ft 206 sq mFirst Office 2,000 sq ft 191.7 sq mTotal 16,220 sq ft 1,542 sq mTermsTo be let on a new full repairing and insuring lease for a term to be agreed. Alternatively, the head lease being 99 years from December 1976 is available. The ground rent is £25,000 per annum subject to review in December 2011 and every five years thereafter.FiguresThe rent is £75,000 per annum exclusive plus VAT. £400,000 subject to contract, is sought for the benefit of the long leasehold interest.Business ratesIt is the interested parties responsibility to fully satisfy themselves and verify the business rates and planning by contacting the Harlow District Council on 01279 446611.Legal costsEach party is to be responsible for the payment of their own legal costs
Property reference: cpp7hk4gtf
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