Park Royal House & Park Royal Business Centre
Rark Royal Road & 10 Cullen Way
Prominent freehold office and light industrial investment located in Park Royal, Europe’s largest industrial estate and an area benefiting from significant inward investment. The building is made up of three elements being the multi let Business Centre, the self-contained Park Royal House and 3 industrial units on Cullen Way.A site area approaching 1 acre and frontage to Park Royal Road of approximately 135m.
The occupancy rate of the Business Centre is currently over 90% and is let off average rents inclusive of service charge of £21.57 per sq ft Park Royal House is vacant providing an opportunity to refurbish or redevelop the 8,784 sq ft of accommodation.
The gross rent is £632,088 per annum with the inclusive service charge on the business centre running at £261,731 per annum (£8.64 psf).
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