Land to let in Askew Farm Lane, Grays RM17

Location
Forming part of an established industrial estate with access to London Road and thereafter the A13 at Junctions 30/31 of the M25. Junctions 30/31 of the M25 are also accessible via West Thurrock Way (B186) to the west. The site is only 1.4 miles from Grays Train Station providing a service to London (Fenchurch Street) in approx. 35 mins.

The property
Currently a container self-storage yard with unmade surface, the site will be fully concreted for occupation in the Spring of 2024. Services and new fencing will be provided. Specific requirements can be discussed at this stage.

Accommodation Measured via Promap Digital Mapping, the approximate site area is:
38,990 sq ft 3,622 sq ft
0.89 acre 0.36 ha

Terms
To be let on a new lease for a term to be agreed including periodic static or upward only rent reviews.

Figures
£195,000 per annum exclusive. Subject to satisfactory accounts, a rent deposit of two month’s rent is payable, as is a service charge of 6% of the yearly rent, further details of which are available on request. VAT is payable.

Timing
Available Spring/Summer 2024. Specific requirements can be discussed and an agreement exchanged prior to this date.

Business rates
The Rateable Value (2023) is £31,500, noting this relates to a yard of 2,113.7 sq m (22,743 sq ft).

Legal costs
The ingoing party is to pay a nominal contribution towards the landlord’s legal costs. (£100 per year of the lease)

EPC

Not applicable.

Agent’s Note
All figures quoted are exclusive of VAT (if applicable)
No warranty is given is respect of the current planning use.
None of the amenities or fixtures and fittings have been tested.
The site area has been measured off plan (Promap) and should therefore be checked on site in due course.
The yard is to be returned in the same condition as taken as evidenced by a Photographic Inventory, the cost of which is payable by the ingoing tenant.
These particulars are awaiting our client’s approval.

Enquiries/viewing
Please contact us on or email: