Long Leasehold Interest For Sale Industrial Warehouse ... - Realla

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Long Leasehold Interest For Sale Industrial Warehouse Premises with Hardstanding Yard Guide Price: £1.15Million 1,223.70 sq m (13,172 sq ft) 1 Osier Way, Mitcham, Surrey CR4 4NF

Accommodation: The premises have the following approximate floor areas: Ground Floor Industrial Warehouse (Bay 1) Ground Floor Industrial Warehouse (Bay 2) First Floor Offices and Storage Total Gross Internal Floor Area External Secure Hardstanding Yard

559.60 sq m 561.20 sq m 102.90 sq m

6,023 sq ft 6,041 sq ft 1,108 sq ft

1,223.70 sq m

13,172 sq ft

143.31 sq m

1,543 sq ft

All dimensions and measurements are approximate, however these are based upon the principles laid down in accordance with the RICS Code of Measuring Practice.

Internal Bay 1

Internal Bay 2

Hardstanding Yard

Description: The property is of steel portal frame construction with profile metal cladding, beneath a pitched roof. Amenities:  Roller shutter door (6.513m wide x 4.592 m high)  3 phase power  Minimum eaves height (Bay 1) 6.123 m  Minimum eaves height (Bay 2) 6.298 m  Skylights  Mix of Cat II and fluorescent lighting to offices  Ladies/gents WC facilities  Hardstanding yard with double gated access Important Note: Centro Commercial have not tested any services, heating system, electrical system, appliances, fixtures and fittings, that may be included in this property and would advise interested parties to satisfy themselves as to their condition or investigating the presence of any deleterious materials. Location: The premises are situated in Osier Way on the well established Willow Lane Industrial Estate, which can be accessed via the A237 Carshalton Road. Communications are excellent with the A24, which provides access to Central London (11 miles away), the A23 which provides access to the M23 Motorway and Junction 7 of the M25. Mitcham Tramlink Station and Mitcham Junction BR Railway Station are both within ½ mile of the property. Terms: The premises are held on a 99 year Lease from 21/02/1979, with 10 yearly rent reviews. The current passing Ground Rent is £10,000 per annum exclusive. Our Client is seeking to Assign their existing Leasehold interest. VAT: The property has been elected for VAT. Premium: We are instructed to seek £1.15Million for the benefit of the long Leasehold interest. Rates: According to the VOA website, the property has a Rateable Value of £54,500. Therefore, Rates Payable in the current financial year for 2017-2018 are £26,105.50. NB: Please note that the rates actually payable may be subject to transitional relief. For a more accurate assessment of rates payable for the current year, please contact the Local Authority.

Legal Costs: Each party is to be responsible for their own costs in this transaction. Viewing: Strictly by appointment through Sole Agents

Centro Commercial Limited 020 8401 1000 See a selection of our properties at www.centro.plc.uk