Unit 1 & 1a Commonwealth Buildings, Woolwich Church Street ...the rateable value for the property is...
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Unit 1 & 1a Commonwealth Buildings, Woolwich Church Street, Woolwich, London SE18 5NS Large freehold industrial building for sale View more informaon...
Transcript of Unit 1 & 1a Commonwealth Buildings, Woolwich Church Street ...the rateable value for the property is...
Unit 1 & 1a Commonwealth Buildings, Woolwich Church Street, Woolwich, London SE18 5NSLarge freehold industrial building for sale View more information...
A rare opportunity to purchase a large freehold industrial building in a well-positioned inner London location. The front building comprises a mixture of workshop and office accommodation and measures c. 14,000 sqft whilst the rear building comprises two large warehouse units (which could be joined into one) with accompanying mezzanine office. The warehouse accommodation measures c. 10,000 sqft and benefits from enviable floor to ceiling heights of c. 9 metres (up to the eaves). There is also a side yard which measures c. 2,900sqft and 8 car parking spaces at the front of the building.
The property is occupied by a printing firm who have modified the internal layout to suit their business, interested parties should note that further layout changes to either increase floorspace or to provide more open cubic space are possible given the enviable floor to ceiling heights that the building benefits from. The property is offered to the market on the basis of a delayed completion of 12 months between exchange and completion to enable the current owners to move out.
DESCRIPTION
• Large freehold industrial building for sale• Building measures c.24,286 sqft (NIA)• Also includes a c.2,900 sqft yard & 8 car
parking spaces • Mix of warehouse, workshop & office
accommodation• Floor to ceiling in warehouse of c.9 metres• 2 x 400 amp power supply• Guide price - £4,500,000 F/H
Unit 1 & 1a Commonwealth Buildings, Woolwich Church Street, Woolwich,London SE18 5NS
Home TermsDescription Location View all of our instructions here... III III
W: acorncommercial.co.uk
120 Bermondsey Street, London SE1 3TXT: 020 7089 6555
1 Sherman Road, Bromley, Kent BR1 3JHT: 020 8315 5454
Unit 1 & 1a Commonwealth Buildings, Woolwich Church Street, Woolwich,London SE18 5NS
Home TermsDescription Location View all of our instructions here... III III
W: acorncommercial.co.uk
120 Bermondsey Street, London SE1 3TXT: 020 7089 6555
1 Sherman Road, Bromley, Kent BR1 3JHT: 020 8315 5454
The property is located within an industrial area in Woolwich located just off of Woolwich Church Street (A206). Woolwich Church Street leads into Woolwich Road linking to the Blackwall Tunnel Southern Approach (A102) to the west providing access to Docklands and The City as well as Rochester Way (A2) to the East linking to the M25 Motorway.
Various retail parks are located within a 2 mile stretch along A206 through Charlton up to North Greenwich and Woolwich Town Centre is also located just over a mile from the property. In terms of railway transport Woolwich Dockyard Railway Station is located just 0.5 miles away and provides commuters with services to London Bridge, London Charing Cross and Dartford.
LOCATION
The property is a brick and concrete industrial building built in the Victorian era. The property has a grade 2 listed façade and operated as an armaments factory during world war 2. The current owners have complied with all of Heritage Englands requirements in renovation work that has taken place at the property over the years including roof replacement and new windows.
PLANNING HISTORY
According to the summary valuation effective from 1st April 2017, the rateable value for the property is £77,288. We understand rates payable therefore are approximately £37,098 per annum for the period 2020/2021. Interested parties however are advised to visit the Valuation Office Agency website to calculate occupier specific rates.
BUSINESS RATES
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A guide price of £4,500,000 has been set for the freehold. TERMS
We understand that VAT is not applicable in this transactionVAT
All viewings are strictly by prior appointment with Acorn’s Commercial & Development Division on 020 7089 6555.
VIEWINGS
This [brochure and its content] is copyright of Acorn Limited © 2016. All rights reserved. Any redistribution or reproduction of part or all of the contents in any form is prohibited. You may not, except with our express written permission, distribute or commercially exploit the content, nor may you transmit it or store it in any form.
Acorn as our vendor’s agents have endeavoured to check the accuracy of these sales particulars, but however can offer no guarantee, we therefore must advise that any prospective purchaser employ their own experts to verify the statements contained herein. All measurements are approximate and should not be relied upon. No equipment, utilities, circuits or fittings have been tested.
W: acorncommercial.co.uk
120 Bermondsey Street, London SE1 3TXT: 020 7089 6555
1 Sherman Road, Bromley, Kent BR1 3JHT: 020 8315 5454
For more information contact:Steven Flannighan020 7089 6555
Meet the rest of the team...
Unit 1 & 1a Commonwealth Buildings, Woolwich Church Street, Woolwich,London SE18 5NS
Home TermsDescription Location
Copies of internal photographs and floorplans are available upon request.
FURTHER INFORMATION
