Industrial for sale in Ferry Lane, Rainham RM13

Location
Forming part of the established Ferry Lane Industrial Area located just south of the A13 which provides access to the M25 at Junction 30 and the A406 to the west. Rainham’s Mainline Train Station is close by and provides a service to London (Fenchurch Street) in approximately 25 minutes.

The property
A mid-terrace industrial space with internal toilet. Access is via a single pedestrian door and electrically operated roller shutter to front. The specification includes sodium lights, mains’ power, water and drainage.
Ground and first floor offices are available on site if required.
Externally, there is parking to the front.

Accommodation The approximate gross internal floor area is:
Unit 9 1489 sq ft 138 sq m
Unit 10 1485 sq ft 138 sq m
Offices 650-1362 sq ft 60-126 sq m
Available separately or combined

Terms
To be let on a new full repairing and insuring lease for a term to be agreed incorporating periodic upward only rent reviews.
Or
For freehold for sale with vacant possession.

Figures
£28,000 per annum exclusive per unit or
£400,000 freehold per unit
Terms for offices available on request.
A service charge is payable at approximately £275 per quarter per unit. A bid levy is payable, further details on request. VAT is payable on the rent or sale price.

Business rates
The Rateable Value as of April 2023 is £16500 per annum, making rates payable approximately £8085 per annum (23/24). However, interested parties are advised to satisfy themselves in this respect with the local authority.

Legal costs
Each party is to be responsible for the payment of their own legal costs.

Energy Performance Certificate (EPC)
The EPC is in the process of being arranged.

Agent’s Note
All figures quoted are exclusive of VAT
No warranty is given is respect of the current planning use.
None of the amenities or fixtures and fittings have been tested.

Enquiries/viewing
Please contact us.