Property Type | Industrial |
Tenure | Lease Assignment |
Size | 57,135 sq ft |
Rent | £1,475,000 per annum |
Business Rates | £486,180 per annum |
Rateable Value | £876,000 |
VAT | Applicable |
Energy Performance Rating | This property has been graded as B (34) |
The property comprises a high-specification warehouse/industrial unit of steel portal frame construction with panel clad elevations and a concrete screed floor. The accommodation has a clear height of 10 meters, rising to 12.7m at the apex allowing for significant racking potential and high volume storage.
Access to the property is via 3 dock leveller and 6 full height ground level loading doors, opening onto a secure, fenced 35m yard. Externally, the estate features 24-hour on-site security, including CCTV and a gatehouse, ensuring a secure working environment. The property also benefits from a three-phase power supply, energy-efficient LED lighting throughout, and 90 dedicated car parking spaces.
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground - Warehouse | 51,231 | 4,759.52 | Coming Soon |
Ground - Office | 2,954 | 274.44 | Coming Soon |
1st - Offices | 2,950 | 274.06 | Coming Soon |
Unit B is situated within Premier Park, one of Park Royal's most established and sought- after industrial and logistics hubs. Abbey Road provides excellent connectivity to the A406 North Circular Road, which provides links the A40 Western Avenue, M1 and the wider motorway network.
The area is well served by public transport, Harlesden Underground Station (Bakerloo Line and Overground) is just over 1 mile away, offering direct services to London Euston and Watford Junction. Several bus routes also operate along Abbey Road, connecting the estate to surrounding areas.
The property is held by way of a 20-year lease expiring on 6th February 2038. The passing rent is £1,475,000 PAX (agreed February 2023). The lease is available for assignment. A sub lease may be considered. Alternatively, a new lease may be available from the Landlord, subject to covenant and agreement of terms.