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14,000 sq ft Enfield Warehouse - only £9.80 psf until Jun-21

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Location

The property is situated within the established Arena Estate, an industrial warehouse scheme of 10 units located just off Mollison Avenue (A1055) in the heart of north London's primary industrial area of Brimsdown.

The unit benefits from excellent transport links via road and rail. The M25 Motorway (Junction 25) only 2.5 km (1.55 miles) to the north, and the A406 North Circular Road is only 6.2 km (3.85 miles) to the south.

Enfield Lock Station and Brimsdown Station are only 0.7 km (0.43 miles) north and 1.1 km (0.68 miles) south respectively. These stations provide regular direct southbound services into London Liverpool Street, Stratford and Tottenham Hale (Victoria Line), with northbound connections to Harlow, Hertford, Bishop Stortford and Cheshunt.



Property reference:27265    Updated: 06 May 2020


Unit 6 The Arena,  Mollison Avenue, 
ENFIELD EN3 7NL

Current passing rent £136,500 per annum (approx. £11,375 monthly) subject to contract


Features

  • Assignment of existing lease expiring in 2021 or new lease by negotiation
  • The existing lease provides the tenant with security of tenure under the 1954 Act i.e. there is a right to renew
  • Possibility of being able to negotiate a new lease before lease expiry / at the time of assignment
  • Modern warehouse with a gross internal area: 1,294.52 sq.m (13,934 sq.ft)
  • Eaves height: 7.27m. Apex: 9.12m
  • Generous forecourt yard and car parking
  • Good quality office accommodation
  • Excellent communications via road and rail
  • M25 (J25) 2.5 km (1.55 miles) north, and the A406 North Circular Road 6.2 km (3.85 miles) south
  • 0.7 km (0.43 miles) from Enfield Lock Station
  • 1.1 km (0.68 miles) from Brimsdown Rail Station

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The property comprises a mid terraced steel portal framed warehouse within a modern gated 10 unit industrial estate with 24 hr access.

The unit is currently configured to provide predominantly ground floor warehousing and office accommodation at first floor level. There are WC facilities on both ground & first floors and a kitchen on the first floor. The warehouse benefits from a generous eaves height of 7.27 metres, rising to an apex of 9.12 metres, which is accessed via an electronically operated loading door (4.28m wide x 5.57m high).

The property has a substantial forecourt which provides for excellent loading access in addition to 21 marked car parking bays.

Viewings

By prior appointment with Gilmartin Ley, telephone 020 8882 0111.

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Accommodation

Ground Floor 1167.83 sq.m. / 12570 sq.ft.

First Floor 126.69 sq.m. / 1363 sq.ft.

Gross internal area 1294.52 sq.m. /13934 sq.ft. 

Terms: Available by way of the assignment of an existing fully repairing and insuring lease expiring 7th June 2021. A copy of the lease, which provides the tenant with security of tenure under the 1954 Act, is available to download from our website. It may be possible to negotiate terms for a new lease before lease expiry.

Rent: £136,500 per annum  (approx. £11,375 monthly)
£105.44 per sq.m. /9.80 per sq.ft. 

Premium: Nil

Service charge: A service charge is payable in respect of the overall estate, which includes provision of estate security from 8am to 5pm. Details are available to download from our website.

Local authority: London Borough of Enfield