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INDUSTRIAL

HARLOW

Unit C, Riverway, Essex, CM20 2DP

Warehouse & Office Accommodation TO LET (12 MONTHS RENT FREE)

8,795 Sq m (94,671 Sq ft)

Location

The property is located to the north of Harlow off the A414 Edinburgh Way, which is approximately 4 miles from Junction 7 of the M11.

Description

The property comprises warehouse and office accommodation and was previously used as a distibution centre.

The warehouse is 11.9 m to the underside of the roof truss to allow for full height racking. The loading area has five roller shutter doors for covered loading/unloading with a clear height of 5.7 m. There is additional access to either side of the property.

The property comprises the following additional amenities:

Three site entrances/exits
Ancillary offices/training room areas to the front of the warehouse
Staff canteen and recreation area
Minimum of 60 lorry parking spaces and 55 car parking spaces
Full circulation space

Rating

We are advised the current 2010 Rateable Value of the property is £442,500, the UBR for 2010/2011 being 43.4p (including Crossrail supplement of 2p in the pound).

Interested parties are advised to make their own enquiries to the Local Authority for verification purposes.

VAT

All figures quoted are exclusive of Value Added Tax, which will be charged at the prevailing rate.

Accommodation

The property comprises the following approximate floor areas:

Sq m Sq ft
Warehouse 8,434.88 90,795
Ground Floor Offices 180.06 1,938
First Floor Offices 180.06 1,938
Total Accommodation 8,795 94,671
Total Site Area 1.63 Hectares 4 Acres

Note: The above areas have been calculated on an approximate gross internal basis and must be verified by the ingoing tenant.

Terms

The property is available to let by way of a new full repairing and insuring sub-lease on flexible terms subject to 7 yearly rent reviews at a current passing rental of £428,500 per annum exclusive (£4.52 per sq ft). Alternatively, our clients will consider an assignment of their current lease expiring March 2035.

An incentive equivalent to 12 months rent free is available subject to covenant status and length of lease, to be given as a reduced rent over the two years of the term.

Viewing

Strictly by appointment through joint agents

Contact

Rapleys LLP

Oliver Wills

020 7255 8062

ojw@rapleys.co.uk

Derrick Wade Waters

Simon Beeton

01279 620 225

scb@dww.co.uk

Harlow Location