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Industrial for sale
50,465 sq. ft*
Site Area 0.42 hectares (1.05 acres)
Three story industrial /manufacturing building with rear yard and parking
Existing building measures approximately 50,465 sqft
Freehold for sale
Income producing rooftop lease to Vodafone
Offers invited on an unconditional basis
Potential for redevelopment/ refurbishment (subject to planning permission)
Located close to staples corner, Neasden in the London Borough of Brent, the property lies north of the north circular Road (A406) and south of Brent Reservoir. It is situated on the east-bound carriageway of the A406, approximately 0.6 miles west of the junction with the M1 providing excellent access to the UK motorway network. The surrounding area is predominantly commercial in nature and the site is boarded by various industrial use properties. The nearest railway station is Hendon (approximately 0.75 miles north-east) which provides regular trains into various London stations with average journey times to London St Pancras of approximately 20 minutes.
The site is approximately 1.05 acres in size and comprises a three-story steel frame industrial building, a service yard to the rear, parking and an access road. It was most recently let to Adelie Foods Ltd and was used for the purpose of fresh food assembly and food production. The ground floor a reception area to the front of the building and a food production area to the rea. The first floor is split between office space to the front of the building and packaging/storage areas to the rear. An access road runs parallel to the building and leads to a yard at the rear of the site which measures approximately 8,000 sqft. There are two dock loading bays at the rear of the ground floor which fronts onto the yard. The property benefits from two goods lift.
There is a 15-year lease in place to Vodafone for rooftop space which expires on 14/02/2027 and benefits from rent reviews every three years. The current passing rent is £17,000pa.
For more information about this property, please contact Nextgen Real Estate, EC1M on +44 20 8033 5453 * (local rate)
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