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City Box 120 Salutation Rd
120,214 SF of Industrial Space Available in London SE10 0AT
Highlights
- Impressive last-mile logistics facility prominently located adjacent to the Blackwall Tunnel Approach (A102) and within close proximity to the O2.
- Renovated to an excellent specification to include 16 dock level loading doors, 7 ground level loading doors, a clear height of 12.5m and parking.
- Conveniently located on a prime, last mile industrial estate in Greenwich offering direct access onto the A102 towards City and Central London.
- City Box 120 has been designed with an attractive specification to meet all the needs of the modern industrial occupier.
- The refurbishment also included enhanced ESG credentials with new roof lights, PV Panels, additional EV charging points and LED lighting.
- North Greenwich also provides excellent public transport links with the Underground and bus networks within a 10 minute walk of the estate.
Features
all available space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
The 2 spaces in this building must be leased together, for a total size of 120,214 SF (Contiguous Area):
This unit comprises 120,214 sq ft of industrial accommodation, inducing both ground and first floor office space. There is also a 524 sq ft plant. The property is available by way of a new full repairing and insuring lease for a term to be agreed.
- Use Class: B8
- 7 Drive Ins
- 16 Loading Docks
- Private Restrooms
- Secure Storage
- Automatic Blinds
- 3-Phase power supply up to 500KVA
- Dual access secure site
- Solar PV panels on the roof
- LED lighting throughout the offices
- Includes 5,700 SF of dedicated office space
- Space is in Excellent Condition
- Partitioned Offices
- Security System
- Natural Light
- Yard
- Minimum clear internal height of 8m
- 15% roof lights
- Staff welfare area with outdoor seating
- Maximised natural light in the offices
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| Ground, 1st Floor | 120,214 SF | Negotiable | $39.22 CAD/SF/YR $3.27 CAD/SF/MO $422.11 CAD/m²/YR $35.18 CAD/m²/MO $392,851 CAD/MO $4,714,217 CAD/YR | Industrial | - | Now |
Ground, 1st Floor
The 2 spaces in this building must be leased together, for a total size of 120,214 SF (Contiguous Area):
| Size |
|
Ground - 114,514 SF
1st Floor - 5,700 SF
|
| Term |
| Negotiable |
| Rental Rate |
| $39.22 CAD/SF/YR $3.27 CAD/SF/MO $422.11 CAD/m²/YR $35.18 CAD/m²/MO $392,851 CAD/MO $4,714,217 CAD/YR |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
Ground, 1st Floor
| Size |
Ground - 114,514 SF
1st Floor - 5,700 SF
|
| Term | Negotiable |
| Rental Rate | $39.22 CAD/SF/YR |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
This unit comprises 120,214 sq ft of industrial accommodation, inducing both ground and first floor office space. There is also a 524 sq ft plant. The property is available by way of a new full repairing and insuring lease for a term to be agreed.
- Use Class: B8
- Includes 5,700 SF of dedicated office space
- 7 Drive Ins
- Space is in Excellent Condition
- 16 Loading Docks
- Partitioned Offices
- Private Restrooms
- Security System
- Secure Storage
- Natural Light
- Automatic Blinds
- Yard
- 3-Phase power supply up to 500KVA
- Minimum clear internal height of 8m
- Dual access secure site
- 15% roof lights
- Solar PV panels on the roof
- Staff welfare area with outdoor seating
- LED lighting throughout the offices
- Maximised natural light in the offices
Property Overview
City Box 120 comprises a substantial, recently renovated logistics facility located on a prime, last-mile industrial estate in North Greenwich. This prominent site affords occupiers excellent road transport links into London with direct access to the A102 towards the City and Central London. North Greenwich Station also provides excellent public transport links with the Underground and bus networks within a 10-minute walk of the estate. The unit has recently completed an extensive refurbishment of the space and is immediately ready for occupation. The unit has been designed with an attractive specification to meet all the needs of the modern industrial occupier. The refurbishment works include enhanced ESG credentials to reduce occupation costs including new roof lights, PV Panels, additional EV charging points and LED lighting throughout the offices. In addition, 5 new ground-level loading doors will be installed on the southern elevation, providing enhanced flexibility for occupiers. The unit also benefits from ground and dock-level loading, a secure yard, and 10% office content.
Distribution FACILITY FACTS
Marketing Brochure
About Greenwich
Greenwich is a strategically located south London borough with a long and rich shipbuilding tradition. It benefits from a riverside location, offering easy access to river freight, while the A2 and A20 provide fast links to the M25 motorway and the ports of Kent beyond. The Woolwich and Blackwall tunnels provide road links to areas north of the river. As such, it is an attractive warehouse destination, especially for last-mile logistics operators looking to service Greenwich and nearby boroughs.
The likes of Makro, Iron Mountain and Sainsbury’s each occupy significant amounts of industrial space here. Despite rapid rent growth in recent years, incoming tenants can still get a decent discount relative to the London average. Greenwich has one of the lowest average industrial rents of any borough in London.
Nearly 300,000 people live in Greenwich. The borough’s population has expanded by around 14% over the past decade, a faster rate than the London average. This has supported demand for industrial space as well as increasing the pool of local workers. Crossrail’s recent arrival is likely to lure more residents in the coming years, especially to places like Woolwich and Abbey Wood to the east of the borough. Wages here are below the London average.
Leasing Teams
Leasing Teams
Jake Huntley,
Salaried Partner - Industrial
Jake has an extensive track record for providing development consultancy advice, having been involved in a significant number of land acquisitions and sales during his career.
As the Co-Head of the Industrial and Logistics team Jake is responsible for the national team.
Jake has been a member of the Royal Institution of Chartered Surveyors since 2012 and was a member of the national IAS committee for over 7 years.
Charlie Wing, Associate Parter
Maddie Moriarty, Surveyor
Nick Hardie,
Director
William Merrett-Clarke, Partner
About the Owner
-
Jake Huntley
-
Charlie Wing
-
Maddie Moriarty
-
Nick Hardie
-
William Merrett-Clarke
-
Patrick Mooney
-
DTRE
Presented by
Company Not Provided
City Box 120 | Salutation Rd
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