Industrial to let in Ferry Lane, Rainham RM13

Location
Forming part of the established Ferry Lane Industrial Area located just south of the A13 which provides access to the M25 at Junction 30 and the A406 to the west. Rainham’s Mainline Train Station is close by and provides a service to London (Fenchurch Street) in approximately 25 minutes.

The property
Unit 10
A mid-terrace industrial space with internal toilet. Access is via a single pedestrian door and manually operated roller shutter to front. The specification includes sodium lights, mains’ power, water and drainage.
Unit 11
A ground floor unit with an eaves height of approx. 4.4m, rising to approx. 6.3m at the apex. Sodium lighting is fitted and there is an electrically operated roller shutter loading door.
Unit 12
Comprising ground and first floor offices with ancillary welfare facilities. This space is part air-conditioned.
Externally, there is on-site parking and loading access to the units.

Accommodation The approximate gross internal floor area is:
Vacant units 2,940 sq ft 273.1 sq m
Vacant offices 2,646 sq ft 245.8 sq m
Total 5,586 sq ft 518.9 sq m

Terms
To be let on a new, full repairing and insuring lease for a term to be agreed, incorporating periodic upward only rent reviews.

Legal costs
Each party is to be responsible for the payment of their own legal costs.

Figures
£105,000 per annum exclusive plus VAT.
A bid Levy and service charge are payable, further details on request.
Money Laundering Regulations
Due to recent money laundering regulations, all Tenants and 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.

Business rates
Unit 10
Rateable Value as of April 2023 is £16,500pa, making rates payable approximately £8,085pa (23/24).
Unit 11 & 12
Rateable Value as of April 2023 is £33,250, making Rates Payable approx. £16,592.
Ground floor & First floor Eagle House
Rateable Value is £8,500 for the ground floor and £10,500 for the first floor (2023), making nil rates payable under current Small Business Rate Relief. However, interested parties are advised to satisfy themselves fully.

EPC

Units 10/11/12 are awaiting reassessment.
The EPC of Ground floor Eagle House is C61, expiring February 2023.

Agent’s Note
All figures quoted are exclusive of VAT(if applicable)
No warranty is given is respect of the current planning use.
None of the amenities or fixtures and fittings have been tested.

Enquiries/viewing
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