Kingsbury Trading Estate is located on Barningham Way with the estate itself accessed either via Church Lane (B454) or KIngsbury Road (A4006) with the A5 (Edgware Road and A406 (North Circular Road) and M1 motorway all close by with both KIngsbury Underground (Jubilee Line) and Hendon Mainline Stations less than a mile away. Hendon Mainline Station provides a fast and frequent service to Kings Cross London.
Warren Anthony Commercial are delighted to bring to the market these two adjacent mid-terrace industrial/warehouse units with access to each unit via separate loading doors with office accommodation on the first floor to both units as well as separate male and female toilets.
Also to both units there are security cameras and storage racking with to Unit 17 it having been fitted with an industrial freezer and fridge units.
Externally the units each benefit from private parking with space up to 5 cars per unit as well each unit having its own loading area with the estate itself having further parking on Barningham Way.
Unit 17
Ground Floor - 2,222 sq ft (206.50 sq m) approx.
First Floor - Office - 460 sq ft (42.75 sq m) approx.
Total - 2,682 sq ft (249.25 sq m) approx.
Mezzanine - 835 sq ft (77.57 sq m) approx.
Minimum eaves height 16 ft (4.9m) approx.
Unit 18
Ground Floor - 2,039 sq ft (189.50 sq m) approx.
First Floor - Office - 461 sq ft (42.92 sq m) approx.
Total - 2,501 sq ft (232.42 sq m) approx.
Minimum eaves height 16 ft (4.9m) approx.
Also to both units there are security cameras and storage racking with to Unit 17 it having been fitted with an industrial freezer and fridge units.
Externally the units each benefit from private parking with space up to 5 cars per unit as well each unit having its own loading area with the estate itself having further parking on Barningham Way.
To be confirmed.
Tenure - Leasehold with the units they are available by way of assignment of the current tenant's leasehold interest with the units each held on separate leases with same terms. Premium offers are sought of £25,000 and £10-12,000 respectively subject to contract.
Lease expiry - 26 August 2025
Break clause - 27 August 2020
Rent review - 25 December 2020
Rental - Unit 17 - £30,833 per annum exclusive
Unit 18 - £28,776 per annum exclusive
Alternatively, the freeholder/landlord willing to take a surrender of the existing lease(s) by way of a new full repairing and insuring lease(s) at a rental for each unit of £46,000 per annum exclusive.
OUTGOINGS
Business rates - Rateable value - Unit 17 - £26,000 - Rates payable - £12,454 per annum
Unit 18 - Rateable value - £24,750 - Rates payable - £11,855 per annum
However, it is recommended that all interested parties make their own enquiries to the local rating authority at Brent Council.
To be confirmed.
To be confirmed.
SERVICE CHARGE
To be paid quarterly with details of the estimated amount for the coming year available on request.
PARKING NOTES
Externally the units each benefit from private parking with space up to 5 cars per unit as well each unit having its own loading area with the estate itself having further parking on Barningham Way.
B8 (Storage And Distribution).
OTHER
Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord.
A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account.
Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.
Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that,
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony.
4. All rent, prices, fees and charges are quoted exclusive of VAT.
Viewing through Warren Anthony Commercial by prior appointment only.