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  • Freehold industrial site
  • Site area 0.53 acres approximately
  • Residential development potential (STP)
  • Income until June 2018
  • Situated on quiet mixed use cul-de-sac
  • To be sold on an un-conditional basis
Freehold development opportunity which may suit Housing Associations, developers, house builders or owner occupiers (STP). Site of approx 0.53 acres 23,184 ft2 (2,154 m2)

Located just off Neasden Lane North very close to the junction with the North Circular Road ( A406 ) Single storey factory/warehouse and offices with good ceiling height standing on a site of just over half an acre.

The property is currently let on two leases both of which expire June 2018 and are contracted outside of the 1954 Landlord & Tenant Act. Total current income £68,000 per annum exclusive.

TENANCIES

WAREHOUSE & LAND
Tenant: London Brick Company
Rent: £45,000 per annum exclusive
Lease: Expires June 2018. Outside 1954 L&T Act

OFFICE BUILDING
Tenant: Hardings
Rent: £23,000 per annum exclusive
Lease: Expires June 2018. Outside 1954 L&T Act

ACCOMMODATION

6 COOMBE ROAD
Warehouse 5,730 ft2

8 COOMBE ROAD
Office building 1,676 ft2

SITE AREA 23,184 ft2 (0.56 acres)

PLANNING

The site is to be sold without planning and on an unconditional basis. However, we have been advised of the following:

This site is not within a designated 'Strategic Industrial', 'Locally Significant' or 'Industrial Business Park'. However, it is likely that LB Brent may seek to retain existing employment uses.

The site is within a Flood Zone 2 and 3 and a flood risk 'sequential test' is therefore likely to be required.

The site has a PTAL of 3 and some onsite car parking is therefore likely to be required.

VIEWINGS

Strictly by appointment with Dutch & Dutch
David Matthews 020 7443 9866
Zach Forest 020 7443 9867

SALE

The site will be sold by informal tender with bids invited on the basis of an unconditional sale.

Guide Price £4m.

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You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.