Thursday 27th Oct 2016 - Logistics Manager

A brace of sites available

Cushman & Wakefield Healey & Baker currently has availability on two sites Park Royal, London, and Hemel Hempstead.

The Park Royal premises – on Chase Road – consists of Unit 2, a modern self-contained warehouse building which was built in 1998. Measuring 11,104sq m, the facility comprises ground and first floor offices as well as a distribution warehouse which also features ancillary offices.

The warehouse includes 10m eaves, 13 dock level access doors, eight scissor-lift doors, eight level access doors and a secure yard. The property is held on a 20-year lease (from June 2002) at a passing rent of £984,654 a year exclusive. It is available by way of an assignment or a sub-lease for a term to be agreed. There is also planning consent for B1 and B8 uses.

In Hemel Hempstead, Cushman & Wakefield Healey & Baker is advising DuPont on the sale of its site in Maylands Avenue. The property comprises several industrial, office and research/design buildings on a 5.36 acre site. The property is zoned B1, B2 and B8 within the Maylands Avenue Industrial Area of Hemel Hempstead.

Cushman & Wakefield Healey & Baker says interested parties should make their own enquiries with Dacorum Borough Council. It is expecting offers for the freehold interest by 12 noon on October 18 and is aiming to complete a sale before December 24, 2004.