Land

Description

Allocated Residential regeneration development site.

For more information regarding the indicative layout plans, please call Simon Camp - Allen Camp Architects - . Allen Camp are one of the thought leading architects leading a number of the regeneration sites in Charlton Riverside.

The site is owned by O'Connor Properties Ltd and leased to Instalcom Limited who are a utility contractor that undertakes the excavation and installation of underground services for the provision of Fibre Optic Cables, Electric Power Cable and Water Mains.

The property is a stand-alone unit on a total site area of approximately 1.1 acres providing site coverage of 19%. The property is of portal frame construction with 26 loading bays split evenly on either side of the unit. The unit benefits from two storey offices that front the access road with a dedicated customer reception area.

A steel palisade fence surrounds a concrete, hard standing yard to provide a fully secure area. The yard is split either side of the property with the main vehicular access via a gate from the access road. The two yards are linked through to the rear of the unit.

Building

Warehouse - 6,278 sqft

Offices - 1,847 sqft

Tenure

The property will be sold freehold with vacant possession.

Rating

The property lies within the administrative authority of Greenwich Borough Council (the Rating Authority).

VAT

We understand the property is not elected for VAT.

Services

We are advised that mains electricity, gas, water and drainage services are available at the property. However prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services.

Method of Sale

The site is offered for sale by way of informal, non-binding tender with the vendor reserving the right not to accept the highest or any offer and also reserving the right to withdraw the site from sale or to vary the method of sale at any time without notice. In the event that a number of competitive offers are received, the vendor reserves the right to request "best and final" offers from selected parties.

Offers are sought for the freehold interest, preferably on an unconditional (Subject to Contract only) basis. Conditional offers may be considered but this is not preferable to the vendor.

Unconditional Offers

If an unconditional offer is accepted, completion is to take place within four weeks of exchange of contracts with 10% payable on exchange and the full balance of the purchase price payable immediately upon the completion of the sale.

All offers should state whether they are submitted with or without Board approval and whether they are dependent on bank or similar finance being available with confirmation or proof of funding.

All offers should be marked "O'Connor Properties - Stone Foundry Estate - Offer to Purchase" and addressed to:

Mr James Dalziel

Silverstream Land Corporation Limited

Semmering

Foxley Lane

Binfield

Berkshire

RG42 4DB

Viewings

All enquiries should be directed to the vendors sole agent:

Viewings are strictly by appointment only. Please note that parties must not enter the property without our prior authority and any inspection of the site is at the prospective purchaser's risk.

Misrepresentation Act 1967 - Silverstream Land Corporation give notice that:

1. These particulars do not constitute any part of an offer or contract.

2. None of the statements contained in these particulars are to be relied on as statements or representations of fact, intending parties must satisfy themselves as to the correctness of each of these statements.

3. Silverstream or their clients have no authority to make or give any representation or warranty in relation to the property.

Finance Act 1989 - Unless otherwise stated, all prices are quoted exclusive of VAT.

Consumer Protection from Unfair Trading Regulations 2008 - These details are believed to be correct as at November 2020 but maybe subject to subsequent amendment. Any plans or drawings are indicative and for guidance only.