£2,800,000

Property for sale

  1.  Ajax Works, Hertford Road, Barking, London Ig11 8Dy
  2.  Ajax Works, Hertford Road, Barking, London Ig11 8Dy
  3.  Ajax Works, Hertford Road, Barking, London Ig11 8Dy
Auction

From

£2,800,000

Property for sale

Hertford Road, Barking IG11

Local area information

Property location

Nearby amenities

  • Northbury Primary School 0.4 miles
  • St Margarets CofE Primary School 0.4 miles
  • Barking 0.5 miles
  • Barking 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Barking, Little Ilford and East Ham to find out more about the local area.

Features and description

  • Investment let at £195,840
  • P.a.
  • Located in highly prominent location fronting the Eastern side of A406 North Circular road
  • Comprises of five separate self-contained industrial units.
  • Approx. Total gia 1,696 sq m (18,249 sq ft)
  • All tenancies contracted out of the L&T act
  • Future redevelopment/refurbishment potential to improve the quality of the space (subject to the requisite consents) which would allow Future Asset Management Opportunities to improve the passing rent onsite.
  • 8 week completion
Strapline

Auction Sale - 13/12/2023

Of interest to Investors and Developers

An approx. 0.9 acre Multi-let Industrial Investment comprising of a total approx. Gia of 18,249 sq ft

Investment Let at £195,840 p.a.

Description

The property is arranged over five self contained warehouse with associated yard areas.

The property lies within a highly sought after industrial area, nearby occupiers include:- Big Yellow Store, Selco Builders Warehouse, Wikes and Toolstation. A large Regus serviced office development also lies within close proximity in addition to a Premier Inn and a Ibis Hotels located to the south.

Location

The site lies within an area administered by the London Borough of Barking & Dagenham and fronts the eastern side of the A406 and is accessed via Hertford Road. The site lies approximately 11 kilometres (seven miles) north east of the City of London (Bank).

The amenities of Barking Town Centre and Barking Train Station are located less than one kilometre to the east. Barking Station provides access to C2C Rail and District Line services. The fastest journey time into the City is around 15 minutes via the C2C rail service.

Tenancy

Please refer to Accommodation and Tenancy schedule

Accommodation

Please refer to Accommodation and Tenancy schedule

More information

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  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. East London
  5. Barking and Dagenham (London Borough)
  6. Barking
  7. Creekmouth
  8. Hertford Road