From
£2,800,000
Property for saleHertford Road, Barking IG11
Auction
About this property
Investment let at £195,840
P.a.
Located in highly prominent location fronting the Eastern side of A406 North Circular road
Comprises of five separate self-contained industrial units.
Approx. Total gia 1,696 sq m (18,249 sq ft)
All tenancies contracted out of the L&T act
Future redevelopment/refurbishment potential to improve the quality of the space (subject to the requisite consents) which would allow Future Asset Management Opportunities to improve the passing rent onsite.
8 week completion
Strapline
Auction Sale - 13/12/2023
Of interest to Investors and Developers
An approx. 0.9 acre Multi-let Industrial Investment comprising of a total approx. Gia of 18,249 sq ft
Investment Let at £195,840 p.a.
Description
The property is arranged over five self contained warehouse with associated yard areas.
The property lies within a highly sought after industrial area, nearby occupiers include:- Big Yellow Store, Selco Builders Warehouse, Wikes and Toolstation. A large Regus serviced office development also lies within close proximity in addition to a Premier Inn and a Ibis Hotels located to the south.
Location
The site lies within an area administered by the London Borough of Barking & Dagenham and fronts the eastern side of the A406 and is accessed via Hertford Road. The site lies approximately 11 kilometres (seven miles) north east of the City of London (Bank).
The amenities of Barking Town Centre and Barking Train Station are located less than one kilometre to the east. Barking Station provides access to C2C Rail and District Line services. The fastest journey time into the City is around 15 minutes via the C2C rail service.
Tenancy
Please refer to Accommodation and Tenancy schedule
Accommodation
Please refer to Accommodation and Tenancy schedule
Auction Sale - 13/12/2023
Of interest to Investors and Developers
An approx. 0.9 acre Multi-let Industrial Investment comprising of a total approx. Gia of 18,249 sq ft
Investment Let at £195,840 p.a.
Description
The property is arranged over five self contained warehouse with associated yard areas.
The property lies within a highly sought after industrial area, nearby occupiers include:- Big Yellow Store, Selco Builders Warehouse, Wikes and Toolstation. A large Regus serviced office development also lies within close proximity in addition to a Premier Inn and a Ibis Hotels located to the south.
Location
The site lies within an area administered by the London Borough of Barking & Dagenham and fronts the eastern side of the A406 and is accessed via Hertford Road. The site lies approximately 11 kilometres (seven miles) north east of the City of London (Bank).
The amenities of Barking Town Centre and Barking Train Station are located less than one kilometre to the east. Barking Station provides access to C2C Rail and District Line services. The fastest journey time into the City is around 15 minutes via the C2C rail service.
Tenancy
Please refer to Accommodation and Tenancy schedule
Accommodation
Please refer to Accommodation and Tenancy schedule
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