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£1,095,000

The Cromwell Centre, Roebuck Road, Hainault Business, IG6

  • 0 beds
Other
Under offer/SSTC

£1,095,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£4,999 per month

Minimum deposit amount:

£54,750
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Location: The gated premises are situated within Hainault Business Park which is situated in the London Borough of Redbridge across Romford Road (A1112) from Hainault Forest Country Park and Hainault Golf club with over 150 companies trading here. It is in close proximity the A12 and has easy access to the M11, M25, A406 North Circular and central London. The nearest London Underground stations are Hainault and Grange Hill on the Central line and the area is directly served by London bus routes 150, 247, 362, 462 and N8.

Accommodation: Comprising the main warehouse with loading bay, mezzanine storage, offices, basement (uninspected) and kitchen & w/c facilities. Further detached warehouse and yard. The property also benefits from an estate which provides CCTV, ANPR and Smartwater security coding.

Approximate dimensions and floor areas are as follows:
Main warehouse: 5,112 sq ft 475 sq m Mezzanine 1,108 sq ft 103 sq
Basement approx (uninspected): 5,112 sq ft 475 sq ft
Detached Unit: 1,651 sq ft 153 sq m
Yard: 4,843 sq ft 450 sq m
Total Area: 17,826 sq ft 1,656 sq m

Tenure: Freehold.

Price: £1.1m, subject to contract

Service Charge: The estate is managed by Hainault Business Park Ltd which is set up as a BID (Business Improvement District) partnership until 2021. It is funded by grants, sponsorship and a 1% levy on the occupiers.

Rates: £11,000 p.a. Although interested parties are advised to make their own enquiries with the relevant local authority.

Legal Costs: Each party to pay their own legal costs. However, in the event of an abortive sale, the sellers reasonable legal costs are to be paid by the proposed buyer.

Viewing: Strictly by prior arrangement via the landlords sole agent Nationwide Residential & Commercial on 020 3096 1496.

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£50,750
Mortgage and legal costs:
£999
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