Industrial for sale in The Io Centre, River Road, Barking, Essex IG11
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- 7m clear internal eaves height
- Electrically operated loading door
- Electrically operated loading door
- First floor offices with air-conditioning, suspended ceiling and recessed lighting
- 3-Phase power
- Good loading, access and parking
Property description
The property is located on the popular io Centre within the well established River Road industrial area to the south of the A13.
There is therefore good access to Central London to the west and the M25 to the east. The North Circular Road (A406) is a short distance and gives direct access to the M11 to the north.
City Airport, ExCel Exhibition Centre and Canary Wharf are all within easy reach of the property.
The new Barking Riverside Station (overground line) is within easy walking distance.
The property comprises a single storey industrial unit of steel portal frame construction with full height profile steel cladding and metal roof covering. Office accommodation is arranged at first floor level.
7m clear internal eaves height
Electrically operated loading door
Electrically operated loading door
First floor offices with air-conditioning, suspended ceiling and recessed lighting
3-Phase power
Good loading, access and parking
The property is offered for sale. The property is Long Leasehold for a term of 999 years from the 22nd November 2002.
Occupational lease
The property is currently occupied by Angelica's Market Limited under a lease for a term to expire 11th April 2032 at a current rent of £72,500 per annum exclusive. The lease incorporates a landlord only break option on the 12th April 2024 and the 12th April 2027. A purchaser therefore, has the opportunity to gain vacant possession of the property on those dates. Full details of the lease are available on application.
Of interest to investor & owner occupier
Modern industrial warehouse unit
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
SBH Page & Read, EN1 on +44 20 3641 4433 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SBH Page & Read, and do not constitute property particulars. Please contact SBH Page & Read for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.