For Sale Long Leasehold
Ref:
A15
Luxury Offices
For Sale Long Leasehold
The Parade, Monarch Way, Newbury Park, Ilford, Essex LOCATION:
The property is situated to the front of a residential development which is at the junction of the Eastern Avenue (A127) in a visible location adjacent to the Sainsbury’s Superstore, Sports Direct and Newbury Park Station. The development is located within a short walk of Newbury Park Central Line Underground Station. The Eastern Avenue (A127) joins up to Chadwell Heath, Romford and the M25 in an easterly direction and through to Gants Hill and Redbridge with the M11/A406 junction in a westerly direction.
DESCRIPTION:
The property comprises of ground floor offices with a NA of approx 4,419 sqft which have been split up and let out to several different users. The property is income producing and the current rental is circa £50,000 p.a. The property benefits from underfloor wiring, carpeting, alarm, air con, double glazing, parking for 12 cars, kitchen 2 W.C.’s. The property is offered for sale on a long leasehold basis with approx. 190 years left to run at a peppercorn ground rent. The property can be offered as is or potentially with vacant possession. *NB please note the measurements have been given to us by the landlords architect, please ensure that you have these checked professionally* The vendor has drawn up plans that would increase the size of the offices with a mezzanine floor of approx. 2,456 sqft if completed in accordance with these plans. If required the plans can be transferred to the purchaser after exchange.
N.B.
AMENITIES:
It is the responsibility of any interested party to fully clarify exact floor areas, the premises existing planning use and whether their proposed use requires a change in planning permission.
GROUND FLOOR OFFICE WITH A NIA OF APPROX 4,419 SQFT (410.53 SQM)*NOT MEASURED* PROMINENT LOCATION UNDERFLOOR WIRING CARPETING
PRICE:
£850,000
SERVICE CHARGE:
TBC
RATES PAYABLE:
TBC
EPC:
2 W.C.’S DOUBLE GLAZING ALARM AIR CON ON SITE PARKING FOR 12 SPACES
LEGAL COSTS:
To be paid by ingoing tenants.
V.A.T.
All rents, prices and premiums are exclusive of VAT under the Finance Act 1989. We would advise all interested parties to consult their professional advisors as to their liabilities if any, in this direction.
VIEWING:
Strictly by appointment via Sole Agents
LAND COMMERCIAL SURVEYORS LTD 020 8498 8080
IT IS THE RESPONSIBILITY OF ANY INTERESTED PARTY TO FULLY CLARIFY FLOOR AREAS, PLANNING USE AND WHETHER THEIR PROPOSED USE IS SUITABLE. THESE MARKETING DETAILS ARE FOR INDICATION PURPOSES ONLY AND COMPLETED BASED UPON THE INFORMATION GIVEN AND ISN’T ALWAYS CORRECT. NO EQUIPMENT OR UTILITIES HAVE BEEN TESTED BY US AND SHOULD BE CHECKED BY THE INTERESTED PARTY PRIOR TO COMPLETION. ALL FEATURES LISTED AT THE TIME OF MARKETING ARE SUBJECT TO CHANGE AND DO NOT FORM PART OF THE CONTRACT.
A15
Luxury Offices
For Sale Long Leasehold
The Parade, Monarch Way, Newbury Park, Ilford, Essex LOCATION:
The property is situated to the front of a residential development which is at the junction of the Eastern Avenue (A127) in a visible location adjacent to the Sainsbury’s Superstore, Sports Direct and Newbury Park Station. The development is located within a short walk of Newbury Park Central Line Underground Station. The Eastern Avenue (A127) joins up to Chadwell Heath, Romford and the M25 in an easterly direction and through to Gants Hill and Redbridge with the M11/A406 junction in a westerly direction.
DESCRIPTION:
The property comprises of ground floor offices with a NA of approx 4,419 sqft which have been split up and let out to several different users. The property is income producing and the current rental is circa £50,000 p.a. The property benefits from underfloor wiring, carpeting, alarm, air con, double glazing, parking for 12 cars, kitchen 2 W.C.’s. The property is offered for sale on a long leasehold basis with approx. 190 years left to run at a peppercorn ground rent. The property can be offered as is or potentially with vacant possession. *NB please note the measurements have been given to us by the landlords architect, please ensure that you have these checked professionally* The vendor has drawn up plans that would increase the size of the offices with a mezzanine floor of approx. 2,456 sqft if completed in accordance with these plans. If required the plans can be transferred to the purchaser after exchange.
N.B.
AMENITIES:
It is the responsibility of any interested party to fully clarify exact floor areas, the premises existing planning use and whether their proposed use requires a change in planning permission.
GROUND FLOOR OFFICE WITH A NIA OF APPROX 4,419 SQFT (410.53 SQM)*NOT MEASURED* PROMINENT LOCATION UNDERFLOOR WIRING CARPETING
PRICE:
£850,000
SERVICE CHARGE:
TBC
RATES PAYABLE:
TBC
EPC:
2 W.C.’S DOUBLE GLAZING ALARM AIR CON ON SITE PARKING FOR 12 SPACES
LEGAL COSTS:
To be paid by ingoing tenants.
V.A.T.
All rents, prices and premiums are exclusive of VAT under the Finance Act 1989. We would advise all interested parties to consult their professional advisors as to their liabilities if any, in this direction.
VIEWING:
Strictly by appointment via Sole Agents
LAND COMMERCIAL SURVEYORS LTD 020 8498 8080
IT IS THE RESPONSIBILITY OF ANY INTERESTED PARTY TO FULLY CLARIFY FLOOR AREAS, PLANNING USE AND WHETHER THEIR PROPOSED USE IS SUITABLE. THESE MARKETING DETAILS ARE FOR INDICATION PURPOSES ONLY AND COMPLETED BASED UPON THE INFORMATION GIVEN AND ISN’T ALWAYS CORRECT. NO EQUIPMENT OR UTILITIES HAVE BEEN TESTED BY US AND SHOULD BE CHECKED BY THE INTERESTED PARTY PRIOR TO COMPLETION. ALL FEATURES LISTED AT THE TIME OF MARKETING ARE SUBJECT TO CHANGE AND DO NOT FORM PART OF THE CONTRACT.
