Land for sale in Barlow Way, Rainham RM13, £2,000,000

2,000,000.00

Offer Nr.:
64850188
Type of ad:
for Sale
Property type:
Land
Contact name:
Branch Associates
Phone(s):
01708 573686

Location
The yard forms part of the popular Fairview Industrial Estate lying adjacent
the A13 providing access to the M25 and The Queen Elizabeth II Bridge to the
East and the M11 link, Docklands and City to the West. Rainham’s Train Station
provides a c2c service to London (Fenchurch Street) in approximately 25
minutes.
The property
A regular shaped yard comprising a fully concreted surface with a fenced
perimeter. Access is via electric gates to the front.
We understand that planning consent for the construction of a unit of
approximately 7, 050 sq ft (655 sq m) has been granted under reference P0328. 11
but lapsed. Details are available via the London Borough of Havering website.
The estate benefits from manned security at its entrance, together with roving
patrols.
Note – The portacabins and storage tanks will be removed as they are the
property of the current tenant.
Accommodation Measured in accordance with the RICS Code of Measuring Guide the
approximate gross internal floor area is:
*under offer*
Yard 18, 500 sq ft 1, 720 sq m
(0. 42 acre / 0. 16 ha)
Terms
Freehold for sale with vacant possession on completion or to let on a new full
repairing and insuring lease for a minimum term of 6 years with an upward only
rent review upon expiry of the 3rd year.
Figures
*under offer*
Freehold – £2m with vacant possession on completion.
Rental – £130, 000 per annum exclusive.
A service charge, insurance and bid levy are payable, further details upon
request.
Business rates
The Rateable Value (2023) is £26, 750, making the Rates Payable approx.
£13, 348. 25 (23/24).
Money Laundering Regulations
All purchasers when making an offer on a property will need to provide a copy
of their current Passport photo page and a recent Utility Bill confirming
their current address.
Legal costs
Each party is to be responsible for the payment of their own legal costs.
Energy Performance Certificate
Not Applicable.
Agent’s Note
All figures quoted are exclusive of VAT.
No warranty is given in respect of the current planning use.
None of the amenities or fixtures and fittings have been tested.
Measurements have been obtained using digital mapping. Interested parties
should satisfy themselves fully as to measurements/sizes in due course.
Enquiries/viewing
Please contact us on or email:

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