Commercial property for sale in Hertford Road, Barking IG11
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Property features
- Investment let at £195,840
- P.a.
- Located in highly prominent location fronting the Eastern side of A406 North Circular road
- Comprises of five separate self-contained industrial units.
- Approx. Total gia 1,696 sq m (18,249 sq ft)
- All tenancies contracted out of the L&T act
- Future redevelopment/refurbishment potential to improve the quality of the space (subject to the requisite consents) which would allow Future Asset Management Opportunities to improve the passing rent onsite.
- 8 week completion
Property description
Strapline
Auction Sale - 13/12/2023
Of interest to Investors and Developers
An approx. 0.9 acre Multi-let Industrial Investment comprising of a total approx. Gia of 18,249 sq ft
Investment Let at £195,840 p.a.
Description
The property is arranged over five self contained warehouse with associated yard areas.
The property lies within a highly sought after industrial area, nearby occupiers include:- Big Yellow Store, Selco Builders Warehouse, Wikes and Toolstation. A large Regus serviced office development also lies within close proximity in addition to a Premier Inn and a Ibis Hotels located to the south.
Location
The site lies within an area administered by the London Borough of Barking & Dagenham and fronts the eastern side of the A406 and is accessed via Hertford Road. The site lies approximately 11 kilometres (seven miles) north east of the City of London (Bank).
The amenities of Barking Town Centre and Barking Train Station are located less than one kilometre to the east. Barking Station provides access to C2C Rail and District Line services. The fastest journey time into the City is around 15 minutes via the C2C rail service.
Tenancy
Please refer to Accommodation and Tenancy schedule
Accommodation
Please refer to Accommodation and Tenancy schedule
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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