The Phoenix Trading Estate is prominently located on Bilton Road which is accessed via Manor Farm Road or alternatively the Wadsworth Road.
The estate situated on the border of Perivale and Wembley; both of which are well-established industrial districts.
The North Circular Road (A406) leading to the M1 and the East of London and The Western Avenue (A40) serving Central London and the national motorway network are both within close proximity.
Both Alperton (Piccadilly Line) and Perivale (Central Line) Underground Stations are within walking distance while the area is well serviced by various bus routes.Phoenix Trading Estate comprises five industrial/trade counter units constructed in the 1970s. The estate provides a total GIA of 36,161 sq ft (3,359.47 sq m) with individual unit sizes ranging from 5,765 sq ft (535.58 sq m) to 8,101 sq ft (752.60 sq m). The buildings are of steel portal frame construction beneath a pitched steel clad roof with part profile metal clad/part brick elevations.
The units benefit from the following institutional specification:-
The estate is well configured and benefits from a shared central loading yard with parking, secure perimeter fencing and an electronically operated access gate.
The site extends to 1.6 acres (0.65 hectares) providing a low site coverage of 52%.
Offers sought in excess of £12,000,000 (Twelve Million Pounds) subject to contract and exclusive of VAT.
This reflects an attractive net initial yield of 3.00%, after deduction of purchaser’s costs of 6.71%, equating to a capital value of £395 per sq ft (excluding unit 4).