Depot and Yard, Curzon Drive Grays Essex RM17 6BG

  • Depot and Yard, Curzon Drive<br>Grays<br>Essex<br>RM17 6BG

Depot and Yard, Curzon Drive
Grays
Essex
RM17 6BG

Freehold Industrial Office and Storage Yard Investment

  • 2 storey building with substantial car parking
  • Established industrial location
  • Part of the Manor Way Industrial Estate and close to the Tilbury Docks
  • Lot
    35
  • Auction
    8th December 2011
  • Rent
    £48,465 per Annum Exclusive
  • Status
    Sold
  • Price
    £275,000
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of the Co-operative Estates
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Freehold Industrial Office and Storage Yard Investment

  • 2 storey building with substantial car parking
  • Established industrial location
  • Part of the Manor Way Industrial Estate and close to the Tilbury Docks
  • Lot 35
  • Auction 8th December 2011
  • Rent £48,465 per Annum Exclusive
  • Status Sold
  • Price £275,000
  • Sector
    Industrial, Warehouse
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of the Co-operative Estates

Property Information

Location
Miles
8 miles north-east of Dartford, 23 miles east of Central London
Roads
A13, M25
Rail
Grays Rail Station
Air
London City, London Stansted
Situation

The property is situated on Curzon Road, a busy industrial location and part of the Manor Way Estate. The Tilbury Dock Approach Road is within close proximity, thereafter linking with the A13 and subsequently the M25 (Junction 30/31).

Tenure

Freehold.

Location
Miles
8 miles north-east of Dartford, 23 miles east of Central London
Roads
A13, M25
Rail
Grays Rail Station
Air
London City, London Stansted
Situation

The property is situated on Curzon Road, a busy industrial location and part of the Manor Way Estate. The Tilbury Dock Approach Road is within close proximity, thereafter linking with the A13 and subsequently the M25 (Junction 30/31).

Tenure

Freehold.

Description

The property comprises a former dairy depot including a two storey warehouse with first floor office and the extensive yard comprises a tarmacadam storage area. The site area is approximately 0.15 hectares (0.38 acres).

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a former dairy depot including a two storey warehouse with first floor office and the extensive yard comprises a tarmacadam storage area. The site area is approximately 0.15 hectares (0.38 acres).

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x (Reversion)
Ground and
First Floor
Offices and
Storage
291.24 sq m
(3,135 sq ft)
DAIRY CREST
LIMITED (1) (2)
20 years from
05/07/1992
£48,465.77
on a fully repairing
and insuring lease
(04/07/2012)
Totals  
291.24 sq m
(3,135 sq ft)
    £48,465.77  

(1) For the year ending 31/03/2011 Dairy Crest Limited reported a turnover of £1,420,600,000, a pre-tax profit of £35,400,000 and a total net worth of £160,100,000. (Source www.riskdisk.com 31/10/2011)
(2) The tenant has sub-let.

Contacts

Acuitus
Tom RyderTom Ryder +44 (0)20 7034 4858 tom.ryder@acuitus.co.uk
Associate Auctioneers
Innes England 2 The Triangle, Enterprise Way,, NG2 Business Park
Nottingham
NG2 1AE
Matthew Hannah +44 (0)115 924 3243mhannah@innes-england.com
Seller's Solicitors
Hill Dickinson 1 St Paul?s Square,
Liverpool
L3 9SJ
Tom Hubbard 01516 008 000tom.hubbard@hilldickinson.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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