£0 On Application
Minimum Size: 5677 Sq Ft
Maximum Size: 5677 Sq Ft
Call the commercial team on 020 8401 1000
The property comprises a single storey industrial warehouse building, together with secure hardstanding yard for parking and loading/unloading. Offers are sought for the long leasehold interest in excess of £750,000.
The property comprises a single-storey detached building beneath a pitched roof
The property is situated on the northern side of Wealdstone Road, on the well established Kimpton Industrial Estate. Kimpton Industrial Estate is located just off the A217, approximately midway between Cheam and Rose Hill. The A217 provides direct access to Junction 8 of the M25 to the South, and Central London to the North via the A24.
The premises are currently held on a Ground Lease for a term expiring 24/12/2064, subject to a rent review on 25/12/2031 (to land value only). The current Ground Rent payable is £12,000 per annum exclusive. We have been advised that the existing Long Leaseholder is in negotiations with the London Borough of Sutton regarding the existing Lease, to reflect the following: (1) A proposed new 125 year Ground Lease (2) An anticipated Ground Rent £32,000 per annum For the avoidance of doubt, all costs will be borne by the Long Leaseholder.
Centro Plc, Mid-Day Court, 30 Brighton Road, Sutton, Surrey, SM2 5BN
Tel. 020 8401 1000 E-mail: email@example.com