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River Rd
1,775 SF Industrial Unit Offered at £440,000 in Barking IG11 0EA
Investment Highlights
- Close to the A13 which connects to Central London, Essex and the M25
- 3 allocated parking spaces
- Located in an excellent industrial area
Executive Summary
The property comprises a two storey industrial/ warehouse unit with provides office accommodation to the first floor and warehousing to the ground floor. The property is situated in an industrial site located along the River Road in the London Borough of Barking and Dagenham. The buildings at this location are industrial in nature, reflecting the area’s ongoing use as a hub for warehousing and logistics. The location offers significant transport connections including the A13 which is situated nearby. Barking Riverside station (Overground) is 1.5 miles away.
Property Facts
| Price | £440,000 | Building Class | C |
| Unit Size | 1,775 SF | Number of Floors | 2 |
| No. Units | 1 | Typical Floor Size | 13,403 SF |
| Total Building Size | 22,106 SF | Year Built | 1982 |
| Property Type | Industrial (Unit) | Lot Size | 1.49 AC |
| Property Subtype | Warehouse | Parking Ratio | 0.51/1,000 SF |
| Sale Type | Investment |
| Price | £440,000 |
| Unit Size | 1,775 SF |
| No. Units | 1 |
| Total Building Size | 22,106 SF |
| Property Type | Industrial (Unit) |
| Property Subtype | Warehouse |
| Sale Type | Investment |
| Building Class | C |
| Number of Floors | 2 |
| Typical Floor Size | 13,403 SF |
| Year Built | 1982 |
| Lot Size | 1.49 AC |
| Parking Ratio | 0.51/1,000 SF |
1 Unit Available
Unit 17
| Unit Size | 1,775 SF | Unit Use | Industrial |
| Price | £440,000 | Sale Type | Investment |
| Price Per SF | £247.89 | Tenure | Long Leasehold |
| Unit Size | 1,775 SF |
| Price | £440,000 |
| Price Per SF | £247.89 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
Description
This industrial unit is situated within the River Road Business Park. The unit is let and generating a gross income of £24,000 per annum. The property spans a total of 1,775.4 sqft, divided between the ground floor and first floor, offering a versatile layout suitable for various businesses. The floor to ceiling height is 3 meters which reaches to the apex at 3.9 meters. The property benefits from a partitioned toilets', kitchenette, office to the first floor and three parking spaces. There is a personnel and separate loading door to the unit including a rear fire exit door.
Sale Notes
The property is being offered on a virtual freehold basis of 999 years, with effect from 5th October 1988, and is subject to a sub-lease for a term of 5 years which commenced on 1st April 2023 at a rent of £24,000 per annum with rolling mutual 3 months break clause.
Mutual rolling break clause in the lease enabling any purchaser the opportunity to owner occupy.
Three designated parking spaces.
Interior Photo
Amenities
- Bus Route
- Security System
- Signage
- EPC - E
- Roller Shutters
- Storage Space
- Air Conditioning
Utilities
- Heating - Electric
-
Ajay Tohani -
Latif Acisu -
Dobbin & Sullivan Ltd
Presented by
River Rd
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