Fenn Wright - Chelmsford - Ref: 14870293LH

Property Information

Ref ID: 14870293LH

Date available: Ask agent

Furnishing: Part-Furnished

Property type: Industrial/ Warehouse

 

Details

The property comprises a single story office section to the front elevation with two interconnecting industrial/warehouse units to the rear. The warehouse on the left hand side has a minimum eaves height of 6.10m and has a loading door measuring 3.70m wide and 3.24m high. The warehouse on the right hand side has a minimum eaves height of 3.90m and has a loading door measuring 4.25m wide and 4.00m high. The property benefits from a mezzanine together with three phase power and gas blower heaters (not tested). The office section comprises a mix of individual and open plan offices together with reception, server room, kitchenette and male & female WC facilities. Externally there is a secure gated yard on the left hand side and a secure parking area on the right hand side in front of the offices. Parking is currently provided for approximately 12 vehicles, however this could be increased by utilising the grass area and reconfiguration of the fencing. Please refer to the floor plan for further information.

Location
The property is situated at the end of Swinbourne Drive on the popular Springwood Industrial Estate, which provides the main commercial and industrial offering within the Braintree area. The A120 dual carriageway is less than one mile distant which provides convenient access to the M11 and Stansted Airport. Braintree is served by a rail connection to London Liverpool Street via Witham with a journey time of approximately 60 Minutes. In addition nearby Stansted Airport provides a rail connection with London of approximately 45 minutes via the Stansted Express.

Accommodation
The approximate Gross Internal Area is as follows:
Warehouse 1,502.60 sq. m 16,174 sq. ft.
Mezzanine 121.50 sq. m 1,307 sq. ft.
Rear Store 61.87 sq. m 666 sq. ft.
Offices 188.87 sq. m 2,033 sq. ft.
Total 1,874.84 sq. m 20,180 sq. ft.

Services
We understand the property is connected to mains water, drainage, gas and three phase electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links

Business Rates
Rateable Value - £124,000
Rates Payable (2023/24) - £63,488 Approx.

EPC
We have been advised the unit falls within band D (81) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available upon request.

Local Authority
Braintree District Council
T.

Title Number
EX727762

Terms
The property is available on a new lease for a term of years to be agreed or sold.

Quoting Rent
£180,000 Per Annum Exclusive.

Guide Price
£2,250,000 (Two Million Two Hundred and Fifty Thousand Pounds)

VAT
We understand VAT is applicable.

Legal Costs
Each party to bear their own legal costs.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser‘s identity, residence and source of funds prior to instructing solicitors.

Viewing
Strictly by appointment with the sole agent:
James Wright E:
John Logan E: